Treasury lending to businesses passes £40bn

Nearly a million firms in COVID-19 debt.

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COVID-19 scam offers fake business grants

Fraudsters target retail, hospitality and leisure firms.

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Employers ask a third of furloughed staff to work

Firms set to have 30 days to confess from July.

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SMEs cite labour costs as barrier to growth

Business group calls for new measures.

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Treasury may consider temporary cut to VAT

Pressure on the Chancellor to follow Germany’s lead.

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UK economy fell by a fifth in April

Unparalleled figures recorded as a result of lockdown.

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Tax and NICs warning for SEISS recipients

“HMRC needs to publicise grants are taxable”.

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More than 1 in 4 employees on furlough

Job retention scheme costs soar to £19.6bn.

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Employers in furlough scheme cut-off warning

Tax group warns employers of cliff-edge.

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Business support loans pass £31bn

Lending rose £3.8bn in the last week of May.

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