British Business Bank provided £80.5 billion of COVID-19 support

Oct 06, 2021

COVID-19 emergency finance schemes offered £80.5 billion of finance to almost 1.7 million businesses through the British Business Bank (BBB) during the last financial year.

This support, which…

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£800 million Reinsurance Scheme opens for live events

Oct 06, 2021

The government has opened a £800 million Reinsurance Scheme to cover live events against cancellations stemming from the COVID-19 pandemic.

The live events sector is worth more than £70 billion…

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Chancellor warned of redundancies as furlough scheme ends

Oct 06, 2021

The government's Coronavirus Job Retention Scheme (CJRS) ended on 30 September after supporting millions of workers during the pandemic.

The government said the wages of more than 11 million…

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Chancellor to deliver Autumn 2021 Budget on 27 October

Oct 06, 2021

HM Treasury has announced that Chancellor Rishi Sunak will deliver the Autumn 2021 Budget on Wednesday 27 October.

On 7 September the Chancellor launched Spending Review 2021, which will conclude…

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National Insurance and dividend tax rises announced for social care reform

Oct 06, 2021

From April 2022, the government plans to create a new social care levy which will see UK-wide tax and National Insurance Contribution (NIC) increases.

There will be a 1.25% increase in NICs…

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