Uk Government

The UK Government has told UK firms struggling with coronavirus-related debts that it will not pursue them for unpaid taxes in an attempt to avoid an increase in insolvencies this summer. Restructuring experts have said that many company companies will feel the full weight of the COVID-19 pandemic o

The UK Government’s plans to shake up the accountancy sector are facing a significant setback, as smaller firms consider snubbing reforms that would see them share FTSE 100 work with the Big Four companies. UK ministers have proposed “managed shared audits” of FTSE 350 businesses,

All UK firms that employ veterans will be exempt from paying national insurance on the first 12 months of their employment.

An estimated two million of the UK’S lowest-paid workers will receive pay rise from today as statutory minimum wages increase. The National Living Wage rises by 2.2% to £8.91, the equivalent of more than £345 a year for a full-time employee, and will be given to 23 and 24-year-olds

The UK Government has extended temporary insolvency measures providing further support to businesses during the pandemic.

Government plans for a new “pay-as-you-go” income tax system for the self-employed will burden small businesses, UK experts have warned.

Housing minister Kevin Stewart has written to the UK Government to urge a rethink on VAT rates for building refurbishments and renovations. In his letter to Treasury minister Jesse Norman, he argues the current situation acts as a disincentive to improvement work that might make buildings more energ

NatWest Group has bought back £1.1 billion of shares, bringing the UK Government's stake in the banking group down from 61.1% to 59.8%. The Royal Bank of Scotland owner has agreed with HM Treasury to make an off-market purchase for the total consideration of £1,125,341,269.13 for 590,730

The Department for Business, Energy & Industrial Strategy (BEIS) has launched a consultation on wide-ranging reforms to modernise the country’s audit and corporate governance regime. The UK Government's plans for reform could make to easier to reclaim bonuses paid to the executive of faile

Small and medium-sized enterprises (SMEs) can now apply for grants of up to £2,000 to help them adapt to new customs and tax rules when trading with the EU.

MPS are considering implementing a new exploration licence ban signalling the beginning of the end for the North Sea oil industry.

Increasing the contactless payment spending limit could lead to a rise in thefts and fraud, consumer and finance figures have warned. On Thursday, Chancellor Rishi Sunak announced that the contactless payment limit in shops would rise to £100.

The UK Government, through UK Research and Innovation (UKRI), is investing £153 million to develop new products and services based on advances in quantum technologies that will have a significant impact on financial services.

The UK Government has laid draft regulations in Parliament that implement the requirement for mandatory independent scrutiny of pre-pack administration sales where connected parties are involved in the purchase.

The UK Government must continue to be focused on ensuring the success of UK fintech, according to the newly released Kalifa Review of Fintech.