Prominent figures within the beer and pub industry are calling upon the Government to reopen pubs with non-essential shops when lockdown ends, as they are an indispensable contributor to the economy.
The UK economy shrank by a record 9.9 per cent last year as coronavirus restrictions forced thousands of businesses to close, official statistics have revealed.
The Government is being urged to extend emergency coronavirus support in the upcoming Budget with a recent study warning that businesses face a £50 billion shortfall when the support measures end in April 2021.
The UK economy shrunk less than first feared during the second national lockdown, a major report has revealed.
The Government is set to ban the sale of petrol and diesel cars and vans from 2030, with hybrid vehicles to follow in 2035.
The Government is set to unveil new legislation that will enable ministers to block firms from ‘hostile states’ from completing takeovers of UK companies.
HM Revenue & Customs (HMRC) has written to over 250,000 VAT-registered businesses urging them to “act now” ahead of the end of the Brexit transition period.
Payment holidays on credit cards, car finance, personal loans and pawned goods have been extended following the Government’s announcement of a second lockdown from Thursday 5 November.
According to the Office for National Statistics (ONS), the number of new business start-ups has increased by 5 per cent during the third quarter of this year, compared to the same period in 2019.
Businesses in the UK are more optimistic about their post-coronavirus prospects than in almost any other country in Europe, a major study has revealed.