UK facing ‘unprecedented economic uncertainty’

UK facing 'unprecedented economic uncertainty'

The governor of the Bank Of England has warned that the UK is facing ‘unprecedented economic uncertainty’ as the effects of the Covid-19 pandemic continue to make themselves felt. Andrew Bailey’s remarks made during an online event came as even tighter anti-Covid restrictions were being imposed across Britain as the second wave of the pandemic …

24,000 self-employed Covid payments under scrutiny

24,000 self-employed Covid payments under scrutiny

Support payments made to 24,000 self-employed people are being scrutinised by the taxman. Her Majesty’s Revenue & Customs (HMRC) believe some self-employed people may have falsely claimed cash under the Self-Employed Income Support Scheme (SEISS) and they are now checking to see if claims were made correctly. Support In the scramble to support the self-employed …

Visa and Mastercard accused of charging ‘excessive’ fees

Visa and Mastercard accused of charging 'excessive' fees

Visa and Mastercard have been accused of charging ‘excessive fees’ to retailers who use their services. The British Retail Consortium (BRC) claim the card operators have almost doubled their fees in the last two years And say that unless the government takes action they will be forced to pass the increases on to card users, …