Firms call for urgent action to reduce unemployment

Unemployment increased to 5% in the three months to November 2020.

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HMRC waives penalties for late-filed tax returns

Fines to kick in after 28 February 2021.

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Nine million people increased borrowing in 2020

The proportion of borrowing £1,000 or more increased to 45%.

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Millions to face fines if self-assessment tax return deadline missed

Taxpayers could face fines totalling to £250 million.

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Big businesses to reduce payment times to small suppliers

50,000 small firms close every year due to late payments.

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Govt. reveals over 1.4m loans given to UK firms

The loans are part of the £280bn support package.

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Small firms get COVID-19 insurance boost

Around £1.8bn is expected to be paid out in claims.

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BCC calls for business rates relief extension

Govt. should 'extend relief for the whole of 2021'.

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£69.1m deferred through time-to-pay scheme

Over 25,000 taxpayers rush to spread payments.

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DWP bans flat fees for small pension pots

Charge cap will remain unchanged at 0.75%.

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