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Fifth SEISS grant to be made available from late July

The fifth Self-employment Income Support Scheme (SEISS) grant covering May 2021 to September 2021 will open to claims from late July, HMRC has confirmed. To be eligible for the grant, an individual must be self-employed or a member of a partnership. They must have...

Trade credit insurance scheme to close in June

It has been confirmed that the temporary Trade Credit Reinsurance (TCR) Scheme will close at the end of June. The scheme has helped struggling supply chain firms secure insurance protection during the pandemic. In a statement, the government and the Association of...

Unemployment rate down in March

Despite the country still being in lockdown, the UK’s unemployment rate fell slightly to 4.8% in the three months to March. According to the Office of National Statistics (ONS) unemployment fell by 0.1% from 4.9% in February. The number of payroll employees...

Businesses are planning to adopt ‘hybrid’ working post COVID

The Institute of Directors (IoD) has carried out a survey and found that, once the coronavirus (COVID-19) lockdown restrictions are fully lifted, businesses are planning to adopt so-called ‘hybrid’ working . The survey of 600 business leaders revealed that...

Pandemic caused biggest annual employment fall for older workers

According to research carried out by the Resolution Foundation, the coronavirus (COVID-19) pandemic has caused the biggest annual employment reduction for older workers since the 1980s. In a new report, the Foundation revealed that the pandemic has created ‘a...