New 95% mortgage scheme launched

On 19 April, a government-backed mortgage scheme to help people with 5% deposits get on to the housing ladder was made available to lenders.

First announced at the 2021 Budget, the scheme…

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Apprenticeship cash boost

The government has confirmed that employers of all sizes in England can now apply for £3,000 in extra funding to help them take on new apprentices.

The boost to the apprenticeship incentive…

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The government has published draft Finance Bill clauses

The Government has published draft clauses for the next Finance Bill, which broadly cover pre-announced policy changes.

The government is committed, where possible, to publishing most tax…

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BCC calls for government to extend skills training

The BCC has urged the government to extend skills training in light of the publication of research which showed that one in five companies are considering making redundancies as a result of the coronavirus…

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British Business Bank provided £80.5 billion of COVID-19 support

COVID-19 emergency finance schemes offered £80.5 billion of finance to almost 1.7 million businesses through the British Business Bank (BBB) during the last financial year.

This support, which…

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Advisory fuel rates for company cars

New company car advisory fuel rates have been published and took effect from 1 December 2021.

The guidance states: 'you can use the previous rates for up to one month from the date the…

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FCA to introduce new consumer duty

The Financial Conduct Authority (FCA) is set to introduce a new consumer duty to better protect users of financial services.

The new rules will help tackle harmful practices such as providers…

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MPs call for road pricing to replace motoring taxes

The government must overhaul motoring taxes as it phases out new diesel and petrol vehicles, according to MPs.

MPs on the Transport Committee say the government must come up with new policy…

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Bank of England raises interest rates for third time in a row

The Bank of England has raised interest rates for the third consecutive time.

The Bank also warned that the Ukraine conflict could see under-pressure households hit with double-digit inflation…

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