Bosses Warn ‘Freedom Day’ Delay Will Destroy Hospitality

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Health of hospitality

Bosses are pleading for the opportunity to trade out of trouble as they fear another month of curbs will hit sales by £3bn. Amid rising expectations that the Prime Minister will delay the ending of Covid-19 restrictions later this month, pub and tourism bosses representing more than 150,000 workers have issued a desperate plea for … Read more

Directors Loan Account: What Is It & How Does It Work?

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What Is A Directors Loan Account

Thinking of borrowing money from your company? Find out what is a directors loan account and how directors loans work in this in-depth guide.

How And Why HMRC Is Helping Itself To Your Money

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HMRC and your money

Her Majesty’s Revenue and Customs no longer uses debt collectors, instead its systems take money straight out of your earnings and pension income. The taxman is using special powers to recover unpaid bills directly from wage packets and pensions because the pandemic has made it impossible to deal with rising numbers of tax debtors in … Read more

VAT Explained For Dummies – A Complete Beginners Guide To VAT

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VAT Explained for Dummies

VAT (Value Added Tax) can be a difficult one to get your head around and calculate. Find out what it is and how much you need to pay in our complete VAT explained for Dummies guide.

Empty High Street Branches Should Become Banking Hubs

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Closing bank branches

Just under half of all the UK’s high street banks could close by the end of the year, prompting calls to turn empty branches into hubs shared by banks. Even though 81pc believe that trust is the ‘most important factor in their purchasing journey’, 76pc say they lack confidence in using their banking services online, … Read more

Banks Set To Call In Billions In Repayments Of Covid Loans

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Covid bank loan recalls

The UK’s largest lenders are preparing to collect billions of pounds in repayments of emergency loans amid rising concerns that firms could be strongarmed into making repayments. While banks are busy assigning hundreds of employees to be the driving force behind the recovery efforts, bosses have conducted regular talks with the Treasury to finalise plans. … Read more

Small Banks Have The Most Satisfied Customers

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Small banks have happier customers

As the banks have reduced branch opening hours over the last 12 months and often employed fewer staff, dealing with customer complaints and queries has been a major challenge for them. But some have managed much better than others. The latest analysis of feedback and complaints data carried out by consumer website Fairer Finance shows … Read more