Inflation falls further
Nigel Holland " Inflation has fallen even further to 0.5%. When you think about it 0.5% is incredibly low. I remember the Thatcher years when it was 14% in 1979, this was after periods of 20% plus in the late 1970s.Today's rate is very low by comparison. In my opinion...
600,000 more out of work
Nigel Holland " These are very serious times. The ONS figures show that a lot of people have lost their jobs. This does not include the 9.1 million people who have been furloughed. There is a good chance that some of the furloughed people have also lost their jobs but...
Government Guidance
Nigel Holland "The guidance from the Government is quite involved and needs to be studied carefully. It is easy for business people to fall foul of the rules which are changing constantly."Nigel Holland Guidance to help employers, employees and the self-employed...
Update on Government Support
Nigel Holland " It is important that all businesses keep up to date with these changes as they are announced by the Government.Today is the day that a lot of businesses will be reopening although many of them sadly will be forced to close because of insolvency."Nigel...
GDP fell by 20.4% in April 2020
Nigel Holland "These results are very bad but they are to be expected.They are similar to the results for the rest of the developed world. The important thing is how we get out of this crisis."Nigel Holland GDP fell by 20.4% in April 2020, following a fall of 5.8% in...
Thousands of shops to open
Nigel Holland " It is great news to see all these shops open up. It has been very difficult for business owners during the lock down.There is a notable change of emphasis on the news front recently, people are now becoming less worried about the pandemic and more...
Statistics on Gov help
Nigel Holland " These statistics help to highlight the cost of Government help during the pandemic. These costs are not over yet and are set to grow."Nigel Holland HM Treasury coronavirus (COVID-19) business loan scheme statistics HMT management information about the...
Changes to Job Retention scheme
Nigel Holland "The Job Retention Scheme rules are changing. Staff can be brought back to work from 1 July and still claim the Furlough Grant for periods not worked.10 June is the final date when an employer needs to agree with an employee that they can be...
Tips on coping during lock down
Nigel Holland " It is a very difficult time for most of us. Here are a few tips on how we can cope during the pandemic."Nigel Holland How to cope during the crisis and stay sane The big question is how to comply with the lockdown rules without going completely stir...
Gov Guidance on Furlough and Self employed grants after June
Nigel Holland " The updated news from the Government on the Furlough scheme states that the it will be extended but in a reduced format. It will be tapered from August Eventually it will finish altogether. Self employed people can also make a second and final claim...
