How Chancellor May Boost UK Economy Emerging From Lockdown

Disclaimer: We may earn a small commission if you click on links on this page. This helps us keep producing free content.
Boost for UK economy after lockdown

As lockdown restrictions are relaxed across most of England, the chancellor on Wednesday will aim to boost the UK’s economy as it emerges from coronavirus. Yet while severe risks to public health remain, Rishi Sunak faces a delicate balancing act. Despite expectations that this will be a ground-breaking summer statement, these are some of the … Read more

PM Johnson Promises Billions In Investment To Reboot UK Economy

Disclaimer: We may earn a small commission if you click on links on this page. This helps us keep producing free content.
Rebooting UK economy

Boris Johnson has promised to spend billions of pounds in investment to save the economy amid warnings that the country faces the imminent consequences of the coronavirus pandemic. The Prime Minister has tweeted that he wants to build the way back to economic health. Employing a topical weather metaphor, he said that if Covid-19 was … Read more

Result Of 2m Social Distancing Review To Be Announced This Week

Disclaimer: We may earn a small commission if you click on links on this page. This helps us keep producing free content.
Social distancing review

Ministers are due to announce this week whether the 2m social distancing rule in England will be relaxed, according to Chancellor Rishi Sunak. Prime Minister Boris Johnson commissioned the review on June 14, stating that there was ‘room for manoeuvre’ in the 2m social distancing rule as the the number of Covid-19 cases continues to … Read more

PM Orders ‘Urgent’ Review Of Covid-19 Two-Metre Rule

Disclaimer: We may earn a small commission if you click on links on this page. This helps us keep producing free content.
Covid 2 metre rule for stores

PM Boris Johnson has ordered a forthcoming review of the Covid-19 two-metre rule for social distancing amid calls for it be scrapped, the result of the UK making ‘good progress’ in restricting the coronavirus. Mr Johnson effectively prepares the ground for the abolition of the two-metre separation rule by taking personal control of the decision … Read more

Sunak Considers Tax Incentives For SMEs

Disclaimer: We may earn a small commission if you click on links on this page. This helps us keep producing free content.
Tax incentives for SMEs

Tax incentives such as an employment allowance could encourage firms to take on new staff, prevent a rise in unemployment and assist economic growth. Rishi Sunak is considering plans to use tax incentives to boost hiring and address the expected jump in unemployment when wage subsidies are withdrawn from millions of workers later in the … Read more

Chancellor Sunak Gives Self-Employed £8bn Boost

Disclaimer: We may earn a small commission if you click on links on this page. This helps us keep producing free content.
Self employed investment boost

Chancellor Rishi Sunak has extended the emergency self-employed bailout scheme for another three months, thereby throwing an £8bn lifeline to millions of self-employed workers. Although the package has been welcomed by campaigners, the cost to the taxpayer of the job support schemes is heading towards £100bn. Mr Sunak stated on Friday last week that workers … Read more

Investment of £25bn Planned For Sovereign Wealth Fund

Disclaimer: We may earn a small commission if you click on links on this page. This helps us keep producing free content.
Sovereign Wealth Fund

Civil Service chiefs are considering using taxpayer money to create investment of £25bn in a sovereign wealth fund to buy shares in family firms across the UK. Under plans being examined by the Government, the UK could be on course to launch its very own sovereign wealth fund. Officials are believed to be ‘seriously studying’ … Read more

Covid-19 Self-Employed Scheme Applicants Exceed 1M

Disclaimer: We may earn a small commission if you click on links on this page. This helps us keep producing free content.
Self-Employed Scheme Applicants

Covid-19 has impacted significantly on self-employed individuals across the UK who have had their means of earning a living severely disrupted. Applications to the self-employment scheme have already exceeded one million, but how easy is it to check if you are eligible? The most recent of the pandemic support measures implemented by the Government is … Read more

PM Unveils ‘Conditional Plan’ To ‘Reopen Society’

Disclaimer: We may earn a small commission if you click on links on this page. This helps us keep producing free content.
Plan to reopen society

PM Boris Johnson has unveiled a ‘conditional plan’ to loosen restrictions which will allow people in England to spend more time outdoors from Wednesday. He also said that people who could not work from home should return to work but avoid public transport. The PM revealed the new message of ‘stay alert, control the virus, … Read more

Business Group Calls For Phased Easing Of Covid-19 Lockdown

Disclaimer: We may earn a small commission if you click on links on this page. This helps us keep producing free content.
Phased easing of lockdown

Ministers should lay out plans immediately for a ‘carefully phased’ lifting of the UK’s coronavirus lockdown, the British Chambers of Commerce (BCC) has stated. The business group stated that this is a time to be bold, adding that high levels of public spending should continue if required to restart the economy. PM Boris Johnson is … Read more