Category: <span>COVID19</span>

UK retail sales in May saw highest rise since start of Covid crisis

Shoppers returned to high street after lockdown measures were relaxed. The British Retail Consortium said total sales increased by 10% in May compared with the same month in 2019. A report from The Guardian has said that after the reopening of non-essential retail and hospitality venues across all four nations of the UK, pent-up demand…




New tariff suspension scheme for the UK

To reduce costs for UK firms that import certain goods from abroad, the Department for International Trade (DIT) has announced a new tariff suspension scheme. The aim, according to a recent press release, is designed to make UK companies more competitive. The published details of the scheme are reproduced below: From next month, firms based…




Do KPIs guarantee success?

Matching the right KPIs to your business strategy; keep it relevant!  If you have a good grip on what makes your business tick then it’s useful to be able to ‘glance’ at the business and its performance against plan by way of a brief set of business measures; Key performance Indicators (KPIs). KPIs typically track…




Benefits Of Hiring Chartered Accountants For Your Company

Generally, chartered accountants keep your books in order and handle your tax issues, in addition to other tasks that they’re qualified to do. Regardless of how big or small your business is, there’s always a perfect chartered accountant for your company. If you have doubts about hiring one, below are the amazing benefits you can enjoy…




Mortgage payment holiday set to be extended until October 2020

Homeowners who are struggling to pay their mortgage due to COVID-19 are set to be given a further three-month extension on their mortgage payments. For those homeowners who have paused their mortgage but now wish to resume payments, they will be given various options to help make these more manageable. One of the proposed options will…




UK SMEs face complicated recovery

Research for Accountancy Age highlights disparity between SMEs across the UK as they begin to emerge from lockdown. Over one-third of small-to-medium sized businesses (SMEs) have been “completely disrupted” by the pandemic, according to new research by FreeAgent. Overall, 87 percent of surveyed SMEs said their business had suffered due to coronavirus, with further research…