Due to the prolonged impact of coronavirus on the hospitality industry, firms within this sector urge Chancellor Rishi Sunak to extend the VAT reductions for a year in the Budget.
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Pub industry calls for reopening of the sector as sales halve
Prominent figures within the beer and pub industry are calling upon the Government to reopen pubs with non-essential shops when lockdown ends, as they are an indispensable contributor to the economy.
Read moreUK economy suffers “worst fall in 300 years”
The UK economy shrank by a record 9.9 per cent last year as coronavirus restrictions forced thousands of businesses to close, official statistics have revealed.
Read moreGovernment urged to extend COVID business support measures
The Government is being urged to extend emergency coronavirus support in the upcoming Budget with a recent study warning that businesses face a £50 billion shortfall when the support measures end in April 2021.
Read moreUK economy shrinks less than first feared after second national lockdown, economists reveal
The UK economy shrunk less than first feared during the second national lockdown, a major report has revealed.
Read moreGovernment set to ban the sale of new petrol and diesel cars and vans from 2030
The Government is set to ban the sale of petrol and diesel cars and vans from 2030, with hybrid vehicles to follow in 2035.
Read moreGovernment set to unveil legislation enabling ministers to block foreign takeovers of UK companies
The Government is set to unveil new legislation that will enable ministers to block firms from ‘hostile states’ from completing takeovers of UK companies.
Read moreHMRC urges businesses to act ahead of end of transition period to “avoid disruption”
HM Revenue & Customs (HMRC) has written to over 250,000 VAT-registered businesses urging them to “act now” ahead of the end of the Brexit transition period.
Read moreCOVID-19: Payment holidays on credit cards, car finance and personal loans extended
Payment holidays on credit cards, car finance, personal loans and pawned goods have been extended following the Government’s announcement of a second lockdown from Thursday 5 November.
Read moreCoronavirus: Government launches Film and TV Production Restart Scheme
The Government has officially launched the Film and TV Production Restart Scheme, with a total fund of £500 million being made available.
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