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.
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.
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.
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.
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.