Business news
Reduced furlough support jeopardises jobs
One in five employers are likely to make redundancies.Mortgage borrowing hits highest-ever monthly level
Borrowing stood at £17.9 billion in June 2021.Most firms ‘confident they can pay off debts’
One in five remain unsure about their debt repayments.DWP hit with £87.9m IR35 tax bill
HMRC demanded bills over historic contractor assessment errors.Retail sales figures improved in June 2021
The proportion of retail sales fell in the same period.FRC: ‘29% of audits need improving’
The ICAEW criticised the way the AQR is managed.Hospitality sees promising recovery in spring
Business confidence in the sector remains low, however.Monthly borrowing figures start to climb down
Borrowing in June 2021 was the second highest on record.Retirees set for bumper state pension rise
Official forecasts for average wage growth look good for retirees.Treasury seeks feedback on business rates revaluations
Changes ahead of a comprehensive report due in autumn.
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