Economy

Chancellor mulls VAT cut and could follow up with autumn tax rises

Chancellor Rishi Sunak is reportedly considering cutting VAT in order to help stimulate the economy but could follow the move up with…

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39% of UK SMEs believe economy will need five years to recover from Covid-19

Four in 10 (39%) small business owners believe it will take at least five years for the UK economy to…

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Government relaxes insolvency rules

The government has announced a set of changes to help improve the insolvency system to enable companies undergoing restructuring to…

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Gold and silver down double digits in February hallmarking

The number of gold and silver pieces hallmarked in February 2020  decreased by 13.3% and 25.3% respectively, according to figures…

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NAJ asks for ‘urgent action’ amid Covid-19 crisis

The UK jewellery industry has urged the government to take “urgent action” as the coronavirus crisis unfolds. The National Association…

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ROUNDUP: Business rates holiday announced by chancellor Sunak

In his maiden budget, the new chancellor, Rishi Sunak, has announced a £30bn fiscal stimulus package to help combat the…

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Gold and platinum up single digits in January hallmarking

The number of gold and platinum pieces hallmarked in January 2020 increased by 1.4% and 7.6% respectively, according to figures…

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HMRC yields £16 from small businesses for every £1 spent on staff

HMRC’s investigations into individuals and small businesses produced a yield of approximately £16 for every £1 spent on staff last…

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Gold and silver fall in December hallmarking

The number of gold and silver pieces hallmarked in December 2019 decreased by 7.1% and 12.7% respectively, according to figures…

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‘Worst year on record’ for retail, says BRC

Total retail sales decreased by 0.1% in 2019, compared with the 1.2% increase recorded in 2018, making it the “worst…

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