Breaking news: Chancellor extends furlough scheme
Chancellor Rishi Sunak has extended the furlough scheme until March 2021. This news comes on the back of England beginning it’s four week lockdown today (Thursday 5 November). The BBC website said: “The move follows several days of wrangling over the scope and duration of the furlough scheme. It was due to end on 31 […]
Industry experts comment on Bank of England base rate decision
This morning the Bank of England monetary policy committee has held the base rate at a record low of 0.1%. Industry experts comment on the Bank of England base rate decision and quantitative easing. David Ross, the Managing Director of Hometrack said: “While there are some negative economic headwinds it’s encouraging to see the Bank […]
Cyber scams on firms Increase by 31% during pandemic
UK businesses have lost more than £6.2 million to cyber scams in the past 12 months with nearly a third increase in cases during the peak of the pandemic, new research shows. From May to June this year, reported cyber scam cases on businesses increased by 31%. Cyber security company Nexor examined police data which […]
What does leaving the EU mean for businesses?
As the coronavirus pandemic takes centre stage, the Brexit transition is still rumbling on behind the scenes. But with the deadline nearing, it is worth taking into account what the changes can mean to businesses and firms. The GOV.uk website has lots of helpful information that can help you to prepare for the transition and […]