As many employees began working from home during the height of the coronavirus pandemic, they used less paid childcare, as many before school clubs and nurseries were closed.
Employers have been warned that businesses abusing the furlough scheme will face action from fraud investigators.
Almost four in 10 exporters say sales have dropped in the wake of the coronavirus pandemic, a major study has revealed.
The Recovery Loan Scheme will help businesses restart and recover from the Covid-19 pandemic, the Government has announced.
The number of new businesses registered at Companies House grew significantly during the final six months of 2020, the latest statistics have revealed.
The Chancellor, Rishi Sunak, is set to announce plans to help the UK’s economic recovery by unveiling a new ‘help to grow’ scheme for small to medium-sized enterprises (SMEs).
More than £7.8 billion in grant funding has been delivered to small businesses through local authority grant schemes, it has been revealed.
The Chancellor, Rishi Sunak, is set to announce the fourth round of the Self-Employment Income Support Scheme (SEISS) at the Budget on 3 March, according to reports.
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.
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.
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.
The UK Treasury is considering online sales tax for retailers such as Amazon, Asos and Ocado, after a drastic increase in online shopping and the current “uneven system”, has caused many in-store retailers to be at a disadvantage.
Business owners who took out an early coronavirus loan have more than £1.2 billion of personal guarantees on the line, a major study has revealed.
One in seven UK businesses are ‘at risk’ of closure in the first half of 2021 with many coronavirus business support measures due to close in March and April, according to the latest research.
More than 4,000 small businesses have used the Government’s Kickstart programme to take on new workers, it has been revealed.