The economy

IFS: ‘Tax rises may not be imminent’

Think tank predicts a third phase of recovery.

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UK economy fared worse than feared in Q1

ONS revises down its previous estimate by 0.2%.

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House sales fell by 50% in May 2020

46,230 homes sold as COVID-19 restrictions impact the housing market.

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UK economy fell by a fifth in April

Unparalleled figures recorded as a result of lockdown.

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Calls grow to extend support for the self-employed

Bodies issue collective plea as SEISS nears the end.

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Coronavirus loans’ bill passes £22bn

£14bn paid out in first two weeks of bounce-back loans.

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Govt. clarifies guidance on returning to work

New guides for eight different lines of work.

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Parliament mulls statutory self-employed pay

Extension to the coronavirus bill could be imminent.

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Interest rates slashed to a 325-year low

Govt. set to announce wage subsidy package.

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Govt. provides £330bn lifeline to businesses

Measures introduced to stem coronavirus impact.

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