Sep 11, 2020 | Current Affairs
The Government should speed up delivering reforms to the audit sector, according to a professional body for internal auditors. The Chartered Institute of Internal Auditors (Chartered IIA) wants the Government to bring forward a comprehensive reforms package to the...
Sep 10, 2020 | Current AffairsGovernment Announcements
Businesses in England which have been forced to close due to local lockdowns are eligible for grants worth up to £1,500, the Treasury has confirmed. To qualify for the grant, a business must have been required to close due to local COVID-19 restrictions. The...
Sep 9, 2020 | Current Affairs
HMRC has told MPs on the Public Accounts Committee that it estimates that between 5% and 10% of furlough money has been wrongly awarded. The scheme, which was launched earlier this year amid the COVID-19 pandemic, has cost the government around £35.4bn, according to...
Sep 7, 2020 | Current Affairs
Lending for house purchases fell sharply in the second quarter of 2020 following the suspension of the housing market due to the coronavirus lockdown, according to UK Finance’s latest data. The report showed that mortgage refinancing decreased but held up better than...
Sep 4, 2020 | Current Affairs
Low deposit mortgage deals have decreased in the past six months, as lenders tighten their criteria in response to the COVID-19 pandemic. According to research conducted by financial data site Moneyfacts, borrowers with a 10% deposit had a choice of 779 mortgage deals...
