Current Affairs

IFS: UK tax system ‘discourages employment’

Employees’ salaries currently attract more in tax than self-employed individuals.

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Firms call for urgent action to reduce unemployment

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

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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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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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