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The latest tax, employment, business and economic news affecting firms and individuals alike. Updated each day.

Furlough support cut threatens to axe jobs

One in five businesses say they are likely to make redundancies.

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Mortgage borrowing soars to highest ever monthly level

Borrowing stood at £17.9 billion in June 2021.

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More than half of businesses confident they can pay off debts

One in five remain unsure about their debt repayments.

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DWP hit with £87.9m IR35 tax bill

HMRC demanded bills over historic contractor assessment errors.

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Retail sales figures improved in June 2021

The proportion of retail sales fell in the same period.

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