Energy Price Cap Rises 54% Amid Global Gas Price Hike: Government Offers Support Measures
Energy prices are set to increase by 54% from April, affecting around 22 million customers, as global gas prices...
Rishi Sunak
Chancellor Announces Major Tax Cut for Retail, Hospitality, and Leisure Sectors
Chancellor Rishi Sunak announces massive £1.7 billion tax cut for hospitality, retail, and leisure sectors with a 50% discount...
UK Business Groups Urge Sunak to Reform Business Rates System
In a joint statement, the CBI and 41 trade associations call on Chancellor Rishi Sunak to overhaul the business...
UK Chancellor Rejects Furlough Extension Amid COVID-19 Delay
Chancellor Rishi Sunak is expected to deny extending the furlough program and business rate relief, even as Prime Minister...
Sharon White Proposes New Land Tax to Level Playing Field for Retailers
In a recent statement, John Lewis chair Sharon White urges Chancellor Rishi Sunak to replace the current business rates...
Sunak Delays Business Rates Review Amid Calls for High Street Support
Chancellor Rishi Sunak is delaying a final report on the review of business rates, which could include an online...
UK Chancellor Eyes Corporation Tax Hike in March Budget Amidst Business Backlash
Chancellor Rishi Sunak is considering raising corporation tax in the upcoming March budget to help pay off the UK's...
UK Chancellor Announces £4.6bn in Lockdown Grants for Struggling Businesses
Chancellor Rishi Sunak announces one-off grants of up to £9,000 for retail, hospitality, and leisure businesses amid extended lockdown...
Furlough Scheme and Business Loans Extended to Support UK Economy
Chancellor Rishi Sunak confirms the furlough scheme will continue until April 2021 with the government covering 80% of employee...
UK Furlough Scheme Extended Until March with Increased Business Support Measures
Chancellor Rishi Sunak extends the furlough scheme until March, keeping payments at 80% of employee wages. This comes as...