Economy

Chancellor set to unveil furlough replacement after Budget cancellation

Chancellor Rishi Sunak has cancelled this year’s Budget but is set to unveil new measures aimed at protecting employment and…

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Mayor of London urges government to extend business rates holiday

  The mayor of London, Sadiq Khan, and London Councils have joined together to urge the Government to extend the…

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UK retail sales rise for fourth consecutive month

August saw retail sales volumes increase by 0.8% when compared with July, marking the fourth consecutive month of growth. According…

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Government launches new ‘bounce back’ plan for retailers

A new series of measures has been announced by the UK Government to support businesses in the consumer and retail…

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Redundancies planned by 60% of mid-sized firms

More than half (60%) of the UK’s medium-sized businesses are planning redundancies as a result of the Government’s Coronavirus Job…

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GDP to contract £15.3bn each year if home working persists

Lower consumer spending and a decrease in economic clustering if pandemic levels of home working persist would reduce UK GDP…

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SMEs ‘plagued’ by late payments

UK freelancers and small business owners continue to be plagued by the problem of late payment, according to new research…

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How COVID-19 has impacted global supply chains

The impact of COVID-19 has been swift and devastating to those directly affected. Not just from a health perspective but…

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Record economic growth anticipated for Q3

The UK is reportedly on track for a record economic resurgence during the third quarter of the year, following sharp…

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John Pye welcomes highest auction figures in its history

John Pye Auctions has recorded its highest auction figures in its 52-year history, welcoming a 79% sales increase compared to…

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