Category: News

UK spending on films, music and gaming increased to a record high last year, driven by increased demand for streaming during Covid-19 lockdowns.

UK house prices bounced back in February despite the imminent end of the stamp duty holiday, fuelled by changing housing preferences in the Covid-19 pandemic, and some buyers betting that the tax saving will be extended.

Chocoholics turned to online shopping during the Covid-19 pandemic, helping Hotel Chocolat increase sales and profits despite the high street lockdowns.

The Treasury has pushed responsibility for ensuring access to cash on to the financial regulator, which is likely to increase fears that a lack of action will result in cash machine deserts.

The chancellor will extend the furlough scheme until the end of September when he makes his Budget speech later.

Zoom’s revenues more than tripled in the last quarter as millions of people continued to use its platform to keep in contact with colleagues, friends and relatives during lockdowns.

Restaurant staff at the Tomahawk Steakhouse chain have been asked to lend the business a tenth of their wages in order to help it through the latest lockdown.

The bosses of small businesses are to be invited back to school to brush up on their management skills, under plans to be announced in the budget designed to help close Britain’s productivity gap with rival nations.

Bitcoin moved higher yesterday, recouping several days of losses as Wall Street analysts hailed a “tipping point” for the world’s largest cryptocurrency.

Halfords has committed to repaying all the £10.7m in furlough money it received from taxpayers, thanks to stronger-than-expected sales during the latest Covid lockdown.

Labour could back the Conservatives’ plans to raise corporation tax over the course of this parliament, the shadow chancellor has said.

The chief strategist at London’s Canary Wharf has said thousands of workers are expected to return to offices as Covid restrictions are eased in the coming months.

Half of Britain’s cash machines could close within two years unless banks are forced to support them, experts have warned.

Hundreds of thousands of people will be tipped into serious debt this year even if the furlough scheme is extended, say economists.

Rishi Sunak has laid the groundwork for tax rises after he said it was time to “level with people” about the problems facing the economy.