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The latest tax, employment, business and economic news affecting firms and individuals alike. Updated each day.

Government-backed business loans pass £50bn

Current Affairs

1.2 million businesses receive coronavirus support loans.

UK in first technical recession in 11 years

Current Affairs

Economy shrinks by 20.4% in Q2 2020.

Employment falls by largest amount since 2009

Employees

Over-65s most likely to be affected by job losses.

One in three firms plan redundancies

Managing costs

More job cuts expected by the autumn.

Govt. sets out first homes scheme details

The home

Housing secretary aims to tackle rising house prices.

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