SMEs to get grants for professional advice

New £20m Government grant covers accountancy fees.

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Government-backed business loans pass £50bn

1.2 million businesses receive coronavirus support loans.

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UK in first technical recession in 11 years

Economy shrinks by 20.4% in Q2 2020.

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Employment falls by largest amount since 2009

Over-65s most likely to be affected by job losses.

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One in three firms plan redundancies

More job cuts expected by the autumn.

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Economic hit ‘less severe than feared’

Bank of England’s first forecast since the pandemic hit.

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10 coronavirus scams to be wary of

UK Finance urges people to be on their guard.

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Retail sales bounce back 13.9% in June

Statistics show ‘mixed picture' across store types.

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UK debt soars to 99.6% of GDP

Year-on-year borrowing ‘five times higher’ in June.

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UK economy slumps 19.1% in lockdown

Figures dispel hopes of a V-shaped recovery.

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