Coronavirus Job Retention Scheme
SMEs may 'be hit by nasty bills from accidentally overclaiming’ on furlough applications
Many small and medium-sized enterprises (SMEs) are making errors on their applications for the government’s furlough scheme – meaning they will have to repay thousands of pounds back to HMRC later."
Chancellor: No 'cliff-edge' to the furlough scheme
Chancellor Rishi Sunak has said that there will be no “cliff-edge” to the furlough scheme and that he is exploring the most effective way to wind it down.
More support needed to avoid 'bloodbath of job losses' as scale of revenue hit revealed
The hospitality sector saw sales decline by 21.3% in the first quarter of 2020, as the coronavirus lockdown forced businesses to close.