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The government has opened a £800 million Reinsurance Scheme to cover live events against cancellations stemming from the COVID-19 pandemic.

The live events sector is worth more than £70 billion…

HMRC has warned taxpayers completing their 2020/21 tax returns to 'be on their guard' and stay vigilant in regard to tax-related scams.

Nearly 800,000 tax scams were reported in the last…

HMRC is waiving late filing and late payment penalties for self assessment taxpayers for one month.

The measure will give those taxpayers affected by the coronavirus (COVID-19) extra time,…

Businesses are being encouraged to apply for remaining coronavirus (COVID-19) grant funding from local authorities.

Hospitality, leisure and accommodation businesses can still apply for one-off…

The UK's business groups gave a mixed response to Chancellor Rishi Sunak's Spring Statement speech.

Shevaun Haviland, Director General of the British Chambers of Commerce (BCC), said:

'The…

Up to eight more nuclear reactors could be delivered to existing sites as part of the UK's new energy strategy.

The plan, which aims to boost UK energy independence and tackle rising prices,…

Insurer Zurich UK has stated that there has been a significant increase in the number of fraudulent claims as a result of the cost-of-living crisis.

Zurich found that between 1 January and…

The Trades Union Congress (TUC) has called on the government to increase the National Minimum Wage (NMW) rates 'immediately' in order to guarantee decent living standards for families.

Research…

The International Monetary Fund (IMF) warned the UK government against 'large and untargeted fiscal packages' following the Mini Budget.

The IMF stated that tax measures announced by Chancellor…