Chancellor Rishi Sunak has announced the government is to amend its Job Support Scheme to increase support to businesses affected by reduced trade resulting from Covid-19.
Public sector net borrowing reached the highest level ever recorded in the first half of the fiscal year as the government tried to deal with the health and economic consequences of Covid-19.
Chancellor Rishi Sunak signalled that plans for the government to get debt back under control will be pushed into the medium term, following this year’s record borrowing.
Chancellor Rishi Sunak has been asked by Parliament’s Treasury Select Committee asked to explain the arrangements put in place to help devolved administrations mitigate issues arising from the...
Imposing tax increases too early could “stifle” the UK’s economic recovery from the coronavirus pandemic, a report from the Treasury Select Committee has warned.
The UK Treasury has denied reports that it is to drop the recently-implemented digital services tax amid fears it could jeopardise a post-Brexit trade deal.
Government borrowing in response to Covid-19 could rise to £500bn in the wake of chancellor Rishi Sunak’s economic package announced yesterday, according to the Institute for Fiscal Studies.
The government’s £1bn Building Safety Fund aimed at making high-rise and high-risk buildings across the country safe from fire has been branded inadequate by the Greater Manchester High Rise Task...
Second-home owners in England could receive a share of millions of pounds of government coronavirus grants, according to real estate adviser Altus Group.
Chancellor Rishi Sunak has confirmed the government is to waive duties and VAT on medical imports from outside the EU, in response to the coronavirus pandemic.
Chancellor Rishi Sunak has announced that self-employed people are to receive subsidies of up to 80% of profits up to £2,500 per month, in a bid keep businesses running during the coronavirus...
