Government borrowing in the last financial year more than halved from the amount borrowed a year earlier when the UK saw major COVID-19 restrictions. Borrowing…
Month: September 2020
Number of Firms in Critical Financial Distress Rises Sharply
A growing number of UK businesses are at risk of going under, as costs spiral and COVID-19 loan repayments come due, a report has found….
Ukraine War to Cause Biggest Price Shock in 50 Years – World Bank
The war in Ukraine is set to cause the “largest commodity shock” since the 1970s, the World Bank has warned. In a new forecast, it…
Companies House Reform will Increase “Red Tape” for SMEs
The UK government’s newly unveiled shake-up of corporate transparency legislation and Companies House will disproportionately hinder the already struggling small business population, according to Sanjay…
National Insurance Rise Starts to Hit Pay Packets
The burden of tax falling on workers and employers has increased as a hotly-debated rise in National Insurance payments takes effect. Employees, businesses and the…
UK Gender Pay Gap: Women Paid 90p for £1 Earned by Men
Women in the UK were paid just 90p for every £1 earned by a man, according to the latest figures released through the government’s gender…