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You are here: Home / Archives for News / General Business News

News for: General Business News

Covid Recovery Loan Scheme extended for additional two years

August 3, 2022

Details released of latest Recovery Loan Scheme

Details have been released of the latest iteration of the government-backed Recovery Loan Scheme to help businesses invest and grow out of the Covid-19 pandemic. The scheme, which was launched in April 2021, was extended by the Chancellor for a further two years in July after having already … [Read more...]

Cost of Living payments

August 3, 2022

HSBC and Taylor Wimpey become latest to offer Cost of Living payments to workforce

High-street bank HSBC, and housebuilder Taylor Wimpey have joined the growing number of UK businesses supporting their lower-paid workers with one-off Cost of Living Payments. In announcing their latest half-year results, Taylor Wimpey has revealed the business will make a cost of living payment … [Read more...]

use your pension to save tax

August 1, 2022

New type of pension scheme launches

A new type of pension scheme has launched, with applications now open from 1st August in Great Britain. Collective Defined Contribution (CDC) pension schemes aim to offer improved retirement returns for savers, with more predictable costs for employers as an alternative to the two existing models … [Read more...]

New government guidance published to clarify workers' employment status and rights

July 26, 2022

New government guidance published to clarify workers’ employment status and rights

New guidance published by the government aims to help businesses and workers gain clarity over their employment status and rights. A person’s employment status is what defines the rights and employment protections they are entitled to at work including pay, leave, and working conditions and … [Read more...]

More than a million businesses now eligible software discounts through Help to Grow Digital scheme

July 25, 2022

More than a million businesses now eligible software discounts through Help to Grow: Digital scheme

Businesses with 1 to 249 employees can access discounts worth up to £5,000 on approved Customer Relationship Management (CRM) and eCommerce software as part of an expansion of the Help to Grow: Digital programme. The flagship scheme aims to support SMEs to increase their productivity by allowing … [Read more...]

use your pension to save tax

July 21, 2022

Treasury announces plans to ensure lower earners are not missing out on income when making pension contributions

HM Treasury has announced plans to give 1.2 million earners paying into pension schemes via a Net Pay Arrangements a top-up to their take-home pay. The Treasury plans to close a loop-hole in the pensions system that means those earning below their personal tax allowance who have pension … [Read more...]

Covid Recovery Loan Scheme extended for additional two years

July 20, 2022

Covid Recovery Loan Scheme extended for further two years

A support scheme to help small businesses access finance to aid their recovery following the Covid pandemic has been extended for a further two years, Business Secretary Kwasi Kwarteng has announced. The Recovery Loan Scheme originally launched in April 2021 to help businesses recovering from the … [Read more...]

New package of support announced to help over 50s jobseekers

July 19, 2022

Two million more women in work since 2010, reveals latest employment data

There are now 15.7 million women in work in the UK, latest ONS employment data has revealed, marking an increase of 2 million on 2010 figures. The latest employment figures also revealed that in the last 12 years, the number of women in high-skilled, STEM, management and director-level roles have … [Read more...]

New Tipping Bill to offer pay boost for hospitality workers

July 18, 2022

New Tipping Bill to offer pay boost for hospitality workers

Over 2 million workers, largely in the hospitality sector, are set for a pay boost following the introduction of a new Tipping Bill to regulate how employers handle gratuities. The Employment (Allocation of Tips) Bill, introduced by Dean Russell MP and backed by the government, will ensure that … [Read more...]

use your pension to save tax

July 14, 2022

Pension schemes urged to get ready for digital dashboards

Pensions Minister, Guy Opperman MP, has urged pension providers to make sure schemes are prepared for pensions dashboards, as part of plans to make retirement savings easier to view. The call comes following a government consultation on what data is important for helping consumers understand … [Read more...]

Young people in need receive laptops from Stockport Council to continue education

July 13, 2022

Locally run skills schemes could bring 1 million people back into jobs market

New research commissioned by the Local Government Association (LGA) has estimated that over 1 million workers who left employment during the pandemic could be returned to the jobs market if local authorities could run employment and skills schemes. Analysis undertaken by the Learning and Work … [Read more...]

GM to receive share of £120 million to regenerate derelict brownfield sites

July 11, 2022

New brownfield fund opens to deliver new homes on derelict sites

A £180 million fund to build over 17,000 new homes on disused brownfield sites has launched, with local authorities invited to bid for a share of the first £40 million to be released. The fund, announced by the Department for Levelling Up, Housing and Communities on 8th July, follows a previous … [Read more...]

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