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Over 69,000 loans approved in the first day of the Bounce Back Loan Scheme

Over 69,000 loans approved in the first day of the Bounce Back Loan Scheme

Wednesday, 06 May 2020

More than 69,000 Bounce Back Loans worth over £2 billion have been approved during the first 24 hours of the scheme, the Chancellor has announced.   ...

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New Bounce Back Loans to launch today

New Bounce Back Loans to launch today

Monday, 04 May 2020

Britain’s small businesses will be able to apply for quick and easy-to access loans of up to £50,000 from today – with the cash expected to land withi...

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Lifetime ISA rules changed to help people whose incomes are affected by Coronavirus

Lifetime ISA rules changed to help people whose incomes are affected by Coronavirus

Friday, 01 May 2020

Lifetime ISA rule changes to help people who want to access their funds early. ...

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Treasury cut taxes to reduce PPE costs

Treasury cut taxes to reduce PPE costs

Thursday, 30 April 2020

From tomorrow (1 May 2020), PPE purchased by care homes, businesses, charities and individuals to protect against Covid-19 will be free from VAT for a...

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VAT scrapped on E publications

VAT scrapped on E publications

Thursday, 30 April 2020

Plans to scrap VAT on e-publications fast-tracked and will come into force tomorrow....

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Covid 19: Update on tax policy documents

Covid 19: Update on tax policy documents

Tuesday, 28 April 2020

HM Treasury and HMRC are today (28 April) setting out new timelines for tax policy consultations and other work in the light of the current Covid-19 c...

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Small businesses boosted by bounce back loans

Small businesses boosted by bounce back loans

Monday, 27 April 2020

New 100% government backed loan scheme for small business...

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HM Treasury announces revision to the UK Debt Management Office’s financing remit 2020 21

HM Treasury announces revision to the UK Debt Management Office’s financing remit 2020 21

Wednesday, 22 April 2020

The government has announced an unprecedented package of measures to provide the critical support needed by individuals, families and businesses, thro...

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Chancellor's statement on coronavirus (COVID 19): 20 April 2020

Chancellor's statement on coronavirus (COVID 19): 20 April 2020

Monday, 20 April 2020

Chancellor Rishi Sunak speaks at press conference with Professor Angela McLean, Deputy Chief Scientific Adviser and Yvonne Doyle, Medical Director at ...

Billion pound support package for innovative firms hit by coronavirus

Billion pound support package for innovative firms hit by coronavirus

Monday, 20 April 2020

UK businesses driving innovation and development will be helped through the coronavirus outbreak with a £1.25 billion government support package, the ...

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Coronavirus Job Retention Scheme up and running

Coronavirus Job Retention Scheme up and running

Sunday, 19 April 2020

The Government’s Coronavirus Job Retention Scheme went live today, with businesses able to claim up to £2,500 a month towards staff wages....

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Chancellor extends furlough scheme to end of June

Chancellor extends furlough scheme to end of June

Friday, 17 April 2020

Coronavirus Job Retention Scheme extended by one month to reflect continuing social distancing measures....

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Chancellor expands loan scheme for large businesses

Chancellor expands loan scheme for large businesses

Wednesday, 15 April 2020

A government-backed loan scheme for large businesses affected by coronavirus has been expanded to cover all viable firms, the Chancellor announced tod...

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Chancellor leads on G20 Finance Ministers’ Action Plan to fight Covid 19 global outbreak

Chancellor leads on G20 Finance Ministers’ Action Plan to fight Covid 19 global outbreak

Wednesday, 15 April 2020

The Chancellor today agreed an economic action plan with global counterparts to tackle the world-wide outbreak of coronavirus. ...

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Furlough scheme cut off date extended to 19 March

Furlough scheme cut off date extended to 19 March

Tuesday, 14 April 2020

Thousands more employees will able to receive support through the Coronavirus Job Retention Scheme (CJRS) after the eligibility date was extended to 1...

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Chancellor's statement on coronavirus (COVID 19): 14 April 2020

Chancellor's statement on coronavirus (COVID 19): 14 April 2020

Tuesday, 14 April 2020

Chancellor Rishi Sunak speaks at press conference with Steve Powis, Medical Director of the NHS and Yvonne Doyle, Medical Director at Public Health En...

Chancellor provides over £14 billion for our NHS and vital public services

Chancellor provides over £14 billion for our NHS and vital public services

Monday, 13 April 2020

More than £14 billion from the Coronavirus emergency response fund will go towards public services, including the NHS and local authorities involved i...

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HM Treasury and Bank of England announce temporary extension of the Ways and Means facility

HM Treasury and Bank of England announce temporary extension of the Ways and Means facility

Thursday, 09 April 2020

HM Treasury and the Bank of England (the Bank) have agreed to extend temporarily the use of the government’s long-established Ways and Means (W&M) fac...

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Chancellor's statement on coronavirus (COVID 19): 8 April 2020

Chancellor's statement on coronavirus (COVID 19): 8 April 2020

Wednesday, 08 April 2020

The Chancellor announces £750 million to support for the charity sector in response to coronavirus....

Chancellor sets out extra £750 million coronavirus funding for frontline charities

Chancellor sets out extra £750 million coronavirus funding for frontline charities

Wednesday, 08 April 2020

Charities across the UK will receive a £750 million package of support to ensure they can continue their vital work during the coronavirus outbreak, C...

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Freeports Consultation Extension

Freeports Consultation Extension

Wednesday, 08 April 2020

The government has committed to create up to ten new innovative Freeports across the UK, to level up the country and benefit from the opportunities of...

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Update to appointment on Financial Conduct Authority (FCA) Board

Update to appointment on Financial Conduct Authority (FCA) Board

Friday, 03 April 2020

HM Treasury has announced that Bernadette Conroy’s term as Non-Executive Director to the FCA Board will commence on 6 April 2020....

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Chancellor strengthens support on offer for business as first government backed loans reach firms in need

Chancellor strengthens support on offer for business as first government backed loans reach firms in need

Thursday, 02 April 2020

Rishi Sunak is taking further action to support firms affected by coronavirus by bolstering business interruption loans and announcing a new scheme fo...

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Statement from HM Treasury and the Prudential Regulation Authority on the implementation of the Basel 3.1 standards

Statement from HM Treasury and the Prudential Regulation Authority on the implementation of the Basel 3.1 standards

Thursday, 02 April 2020

HM Treasury and the Prudential Regulation Authority (PRA) welcome the announcement made on 27 March by the Group of Central Bank Governors and Heads o...

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High street benefits from £22 billion grants and business rates package

High street benefits from £22 billion grants and business rates package

Wednesday, 01 April 2020

Today high streets begin to receive £22 billion coronavirus boost, with grants of up to £25,000 already being paid into bank accounts of high street b...

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Chancellor waives duties and VAT on vital medical imports

Chancellor waives duties and VAT on vital medical imports

Tuesday, 31 March 2020

Chancellor waives import taxes on vital medical equipment including ventilators, coronavirus testing kits and protective clothing...

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Professor Silvana Tenreyro reappointed to the Bank of England Monetary Policy Committee

Professor Silvana Tenreyro reappointed to the Bank of England Monetary Policy Committee

Friday, 27 March 2020

The Chancellor today (27 March) announced the reappointment of Silvana Tenreyro to the Bank of England Monetary Policy Committee (MPC)....

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Further details of Coronavirus Job Retention Scheme announced

Further details of Coronavirus Job Retention Scheme announced

Friday, 27 March 2020

New guidance on Coronavirus Job Retention Scheme published. ...

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Chancellor's statement on coronavirus (COVID 19): 26 March 2020

Chancellor's statement on coronavirus (COVID 19): 26 March 2020

Thursday, 26 March 2020

The Chancellor Rishi Sunak today announced the next economic steps to help the self employed....

Chancellor gives support to millions of self employed individuals

Chancellor gives support to millions of self employed individuals

Thursday, 26 March 2020

Rishi Sunak announces world-leading scheme to support the UK’s self-employed affected by the coronavirus outbreak....

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