
Government Initiatives
Big businesses to reduce payment times to small suppliers
50,000 small firms close every year due to late payments.
Exporting SMEs get funding boost
The Government and five banks launch £25m post-Brexit scheme.
UK economy to contract by 11.3% in 2020
The OBR predicts the economy will grow by 5.5% in 2021.
BoE injects £150bn into UK economy
Stock of Government bonds will increase to £875 billion.
Chancellor to hold Spending Review in November
Treasury to set out spending plans for 2021/22.
Enhanced payment plans kick in for self-assessment taxpayers
Tax bills of up to £30,000 can be paid in instalments.
Government extends ban on business evictions
Evictions ban extended until the end of the year.