Scottish Chambers Of Commerce

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Chancellor Rishi Sunak has announced that the UK Government's job retention scheme has been extended until October.  The scheme will ensure that workers who have been furloughed because of the coronavirus pandemic are paid 80% of their monthly wages up to £2,500.

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The Scottish Government has announced that support for the newly self-employed and firms suffering hardship to be paid in early May. Economy secretary Fiona Hyslop has confirmed that grant funding for the newly self-employed suffering hardship and SMEs in distress will be available in the coming day

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Chancellor Rishi Sunak has announced further measures to support firms affected by the coronavirus crisis, by bolstering business interruption loans for small businesses and announcing a new scheme for larger companies. To maximise the support available, the Chancellor is extending the Coronavirus B

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Chancellor Rishi Sunak has announced support measures for those who are self-employed and hit by the coronavirus outbreak. Mr Sunak announced, if they have suffered a loss in income, a taxable grant will be paid to the self-employed or partnerships, worth 80% of their profits up to a cap of £2

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Chancellor Rishi Sunak's announcement that the UK Government will pay the wages of employees unable to work due to the COVID-19 outbreak has been roundly welcomed. The chancellor said that the government will pay 80% of salary for staff who are kept on by their employer, covering wages of up to &pou

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Yesterday, economy secretary Fiona Hyslop announced a series of measures to mitigate the economic impact of the coronavirus on businesses in Scotland, including a £2.2 billion for businesses. In her statement, Ms Hyslop warned that as a result of coronavirus, the Scottish economy is facing an

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Businesses are in a period of stasis with global and domestic factors all contributing to subdued levels of confidence and investment, according to the latest Scottish Chambers of Commerce (SCC) Quarterly Economic Indicator (QEI) survey for Q4 of 2019. The quarterly survey was carried out between No

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Following the announcement of a majority Conservative government, various financial and business services in the UK have given their response.  Chris Sanger, EY’s head of tax policy, commented on what the General Election result means for UK tax and the Chancellor’s Budget in the ne

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