AIA limit to remain at £1m until 2022

Temporary threshold in place until 1 January 2022.

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One in three firms plan redundancies

More job cuts expected by the autumn.

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SMEs cite labour costs as barrier to growth

Business group calls for new measures.

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Employers in furlough scheme cut-off warning

Tax group warns employers of cliff-edge.

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Govt. to pay up to 80% of workers’ wages

Other concessions announced for businesses.

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‘Small business champion’ named new commissioner

Government appoints Philip King on an interim basis.

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Retailers suffer ‘worst year on record’

Annual year-on-year sales decline by 0.1%.

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National living wage to rise by 6.2% for 2020/21

Low Pay Commission reveals its recommendations.

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Quarter of SMEs expect to go bust by 2024

Owner-managers express main concerns.

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Most workers lose hope of landing their dream job

Age and lack of confidence are the main barriers.

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