Growth figures are weak
" New figures published show a growth of 2.1% for August. Whilst any growth is welcome at this stage, these figures are not fantastic. The recession will come to an end shortly. A recession is when the GDP is negative for 2 quarters.There has been positive growth for...
New grants available from Government
Nigel Holland Guidance Check if you can claim a grant through the Self-Employment Income Support Scheme EnglishCymraeg If you're self-employed or a member of a partnership and have been adversely affected by coronavirus (COVID-19) find out if you can use this scheme...
New staff wanted
A vacancy exists for part qualified Trainee Accountant based in Widnes for busy Accountancy practice Nigel Holland " We are an expanding firm of Accountants and we are bucking the trend in the economy. With many businesses laying off staff we are moving in the...
Help for Self employed
Nigel Holland "There will be a further grant of 20% of average monthly profits from November 2020 which has a limit of £1,875 in total which covers a three month period from November.There will probably be a further one for the following three months but that has not...
Gov announcement on further help
Nigel Holland " With Government support coming to an end and the generous furlough scheme about to end the Government has decided to introduce a series of further measures to help prop up the economy.The Government will step in and pay one third of lost hours provided...
Everton shoot to top of Premership
"It is fantastic news to see Everton at the top of the Prem. They may only be joint top and may only have played two games plus one in the League Cup but it is great to see them up there.Three wins this season is a great start and let's hope it continues. The arrival...
Inflation figures hit 5 year low
Nigel Holland " The inflation figure released today of 0.2% is the lowest for 5 years and the main factor influencing this figure is the Eat to Help out scheme recently introduced by the government.Clothing and footwear also fell and the effects of the pandemic on air...
Unemployment shoots up
Nigel Holland "There has been a growth of 4.1% of unemployment in the three months to July and whilst this is not entirely unexpected it is worrying that young people between the ages of 16-24 have been hit by the rise in unemployment the most. Their growth comes to...
Recovery in UK economy continues in July
"It is too early to say at the moment but the July GDP look mildly encouraging. It was up by 6.6% but output is certainly far from what it was before the pandemic.A bounce back was widely expected however there is still a long way to go.I have examined the GDP chart...
Coronavirus: Up to £3.5bn furlough claims fraudulent or paid in error – HMRC
Nigel Holland " Disturbing reports from the HMRC say that up to £3.5bn furlough claims are either fraudulent or have been claimed in error.There are approximately 27,000 high risk cases which HMRC are looking into.There have been 8,000 calls into the Inland Revenue...
