Inflation rate rises to 40-year high of 10.1%
The inflation rate rose to 10.1% in the 12 months to July, the highest level since February 1982. The rate has risen sharply over recent months and was up from…
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The inflation rate rose to 10.1% in the 12 months to July, the highest level since February 1982. The rate has risen sharply over recent months and was up from…
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Smaller businesses across England received £21.3bn through the Covid-19 local authority business support grants scheme, but fraud levels were high. Estimates show that an estimated £1.03bn of grants were made…
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The number of company insolvencies in England and Wales jumped by a third compared to pre-pandemic levels in December 2021 The number of registered company insolvencies reported in December 2021…
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The government has announced plans to delay the introduction of penalties for late submission of VAT returns. The new penalty system was due to come into effect from 1 April…
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Three out of five companies expect to increase their prices in the next three months due to the continuing supply chain disruption, soaring inflation, and rising energy costs The 58%…
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Businesses believe that they will need skills in finance, trade, and taxation to help them navigate business growth over the next 20 years. According to the Lloyds Bank Business Barometer,…
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Accountants believe that more than one in four UK SMEs have still not returned to pre-Covid-19 levels of productivity or turnover. The latest Association of Chartered Certified Accountant’s (ACCA) SME…
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The Chancellor has announced a £1bn support package including grants for the hospitality sector and a sick pay rebate scheme as omicron variant spreads Businesses in the hospitality and leisure…
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The Bank of England has raised the bank base rate for the first time in three years to 0.25%, despite concerns over omicron variant. At its meeting ending on 15…
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The latest figures on use of the Coronavirus Job Retention Scheme show that 11.7m jobs were supported by furlough throughout the pandemic, highlighting the risk of HMRC investigations Since the…
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