BBLS applications accounted for the majority of claims.
Current Affairs
Post-pandemic job exodus could cost businesses up to £17 billion
The cost equates to £10,076 per business.
Employers start contributing to furlough payments
The furlough scheme begins winding down.
Research reveals increase in cryptoasset ownership
More holders view them as a legitimate investment.
Majority of home workers want hybrid return to the office
Business owners are uncertain where staff will work.
HMRC chases £1bn in false furlough claims
Furlough fraud was previously thought to be £3.5bn.
Chancellor rejects pleas for furlough extension
Furlough is to be phased out from 1 July.
Renting a home now cheaper than buying one
Average monthly rents stand at £1,054.
The economy grew by 2.3% in April 2021
Local holidays and hospitality drove the boost.
Furlough figures fall to their lowest levels this year
The Treasury said its recovery plan ‘is working’.
Government borrowing surpasses £30bn in April
The data comes from a joint ONS-Treasury report.
Calls for the Government to protect umbrella company workers
Some companies are accused of failing in their obligations.
Inflation increases to 1.6%
It is a return to pre-pandemic inflation levels.
Unemployment decreases by 0.9%
The employment rate remains below pre-pandemic levels.
Economy grew by 2.1% in March 2021
The economy nevertheless shrank over the first quarter.
Rent debt threatens 330,000 hospitality jobs
Eviction bans are to end in July.
History shows COVID-19 debt ‘can be coped with’
The debt-to-income ratio was 250% in 1947.
SEISS scam email circulating online
Spelling mistakes give the fake document away.
UK 2021 growth prospects brighten
Economists predict fastest growth since 1941.
3 in 5 support using tax to fight climate change
Carbon taxes are most popular.
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