The single most welcome measure in the chancellor's summer statement, so far as businesses will be concerned, was the VAT reduction on food, accommodation and attractions.
Sky Business News Articles
Eating out discount, stamp duty cut and bonuses for firms – Sunak acts to kickstart economy
Britons eating out will get discounted food, house buyers will pay less stamp duty and companies will get bonuses for retaining workers under the chancellor's plans to kickstart the UK economy.
FirstGroup warns of ‘material uncertainty’ over its future
Rail and bus operator FirstGroup has seen its shares hit the buffers after warning it might not survive a collapse in passenger numbers.
Key points as Sunak pledges £1k for each furloughed employee brought back to work
Chancellor Rishi Sunak has announced a "plan for jobs" to stimulate Britain's battered economy.
Ex-Bell Pottinger bosses face boardroom ban after PR firm’s collapse
Former partners at Bell Pottinger, the public relations firm which collapsed in 2017 amid a scandal over its work for one of South Africa's wealthiest families, are facing the prospect of lengthy boardroom bans.
DHL blames coronavirus as it cuts 2,200 jobs at Jaguar Land Rover
Logistics firm DHL is cutting up to 2,200 jobs at Jaguar Land Rover factories as the car sector wrestles with the "unprecedented impact" of the coronavirus pandemic.
Boohoo launches independent review of UK supply chain
Online fashion retailer Boohoo has launched an independent review of its UK supply chain after allegations about working conditions at one factory.
Chancellor to unveil £2bn work placements scheme
Chancellor Rishi Sunak will spend £2bn funding hundreds of thousands of "work placements" to keep young people off the dole in his emergency economic update to MPs on Wednesday.
Seven things to watch out for in Sunak’s stimulus statement
Over the past few months, millions of us have been directly affected by the unprecedented coronavirus support schemes unleashed by the Treasury.
Bank agrees $150m penalty over Jeffrey Epstein payments
Regulators have agreed penalties totalling $150m (£119m) with Deutsche Bank for alleged compliance failures in its dealings with the disgraced financier Jeffrey Epstein and two other banks.