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17 Sep 2021

All ACT members are invited to join in on the APPGCW inquiry report launch. Please contact the ACT if you would like to join in and we...

14 Sep 2021

From 1st April 2022, employer NICs will increase by 1.25 percentage points. Employee NICs will also increase by 1.25 percentage points, including for workers above state pension age

9 Sep 2021

Join tax compliance company Avalara for a webinar as they cover IOSS & selling into the EU, on Thursday 30th September at 11am.

8 Sep 2021

The Scottish Government has published its shared policy programme following the announcement of the Scottish National Party's power sharing partnership with the Scottish Green Party.

24 Aug 2021

Todaythe government has announced plans to introduce legislation which will enable CE marked goods to continue being placed on the Great British market until 1 January 2023 - an extension to...

21 Jul 2021

£2 billion will be invested over five years with the aim that half of all journeys in towns and cities will be cycled or walked by 2030, benefitting the UK's high streets in many ways

15 Jul 2021

Face coverings are no longer required by law but states that government expects and recommends that people continue to wear a face covering in crowed, enclosed spaces. Businesses who want to...

1 Jul 2021

HM Treasury has launched a consultation on delivering more frequent business rate revaluations in England

17 Jun 2021

The Disability Confident scheme supports employers with the tools to make the most of the talents disabled people can bring to the workplace.

17 Jun 2021

Join the Secretary of State for the Department for BEIS, Rt Hon Kwasi Kwarteng MP, for the next in a seriesof live panel discussions on 23rd June at 10:30 AM

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Rishi Sunak rejects calls by businesses for furlough extension despite extended restrictions

Posted on in Business News , Cycles News , Political News

Rsocial distancingishi Sunak has rejected business demands for an extension of the furlough scheme and business rates relief, despite a four-week delay in the easing of Covid-19 restrictions now set for 19 July.

The fourth and final stage of taking England out of lockdown was originally set for June 21, but the rapid spread in cases of the Delta variant has led to a 50 per cent rise in hospitalisations across England week-on-week.

The lockdown extension is set to be reviewed in two weeks and the PM remains "confident" that the delay would not need to be longer than four weeks.

Chancellor Rishi Sunak has rejected the call to extend furlough and business rates relief, both of which are set to begin to wind down from the start of next month.

The furlough scheme will wind down from paying 80 per cent of people's wages to 70 per cent from July 1, with support set to be withdrawn altogether by September.

Business rate relief is set to fall from 100 per cent to 66 per cent from July 1, although it will remain in place until March next year.

 

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