Business News

03 Apr 2020

Majority of UK firms have less than three months' cash reserves

A significant number of UK firms face the prospect of running out of cash within three months, according to a survey carried out by the British Chambers of Commerce (BCC).

03 Apr 2020

Major UK banks will pay no dividends or bonuses this year

The seven largest banks in the UK have agreed to the proposal put forward by the Prudential Regulation Authority (PRA) that they suspend dividends and bonuses until the end of 2020.

02 Apr 2020

Government publishes details on coronavirus grant schemes for small businesses

The government has published details on the COVID-19 support schemes for small businesses and retailers.

02 Apr 2020

CBI finds retail sales propped up by stockpiling in March

The Confederation of British Industry (CBI) has revealed that retail sales during March were propped up by households stockpiling goods.

01 Apr 2020

Directors on PAYE can furlough under job retention scheme

Company directors who receive salaries through Pay as You Earn (PAYE) are eligible for furlough under the government's Coronavirus Job Retention Scheme.

01 Apr 2020

HMRC extends MTD digital links deadline until 2021

HMRC will delay the requirement to implement digital links for Making Tax Digital (MTD) due to the coronavirus (COVID-19) pandemic.

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