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Government Announcements

Spotlight - Government Announcements

Govt. unveils £20m SME Brexit support fund

The grants are worth up to £2,000.

Firms get more time to repay bounce-back loans

Repayments can be spread over ten years, rather than six.

Govt. announces £1,000 cash boost to help firms take on trainees

The cash boost will be made available from 31 July 2021.

HMRC waives penalties for late-filed tax returns

Fines to kick in after 28 February 2021.

Big businesses to reduce payment times to small suppliers

50,000 small firms close every year due to late payments.

Chancellor unveils £4.6bn support package

Firms will be able to receive up to £9,000.

Business groups respond to Brexit deal

The deal was announced on Christmas Eve.

Sunak extends furlough scheme

The scheme will be extended until the end of April.

Government urged to issue more support for small firms

Every area in England falls into one of three alert levels.

UK economy to contract by 11.3% in 2020

The OBR predicts the economy will grow by 5.5% in 2021.