[embed]https://youtu.be/qOHuXDKdYSE[/embed] Thousands of small businesses are set to receive previously refused insurance claim payments covering losses from the first national lockdown last year, following a court ruling. Supreme Court judges found in favour of small firms receiving payments from Business Interruption Insurance policies. The ruling provides a lifeline...
[embed]https://youtu.be/8kveYG-Rlkw[/embed] Following the third Covid-19 lockdown, which started 5 January 2021, the UK Chancellor, Rishi Sunak, announced a further £4.6 billion in grants to the retail, hospitality and leisure sectors. This new round of support follows extensions to the job retention and loan schemes revealed on...
[embed]https://youtu.be/d3ecgYnjBWY[/embed] The third Self-employed Income Support Scheme (SEISS) grant, announced by Chancellor Rishi Sunak on 5 November, has opened up for applications. This grant covers up to 80% of lost income between November and January. If you meet the eligibility criteria the grant will provide a lump...
[embed]https://youtu.be/Wi6AwDOX81o[/embed] Should the government extend Stamp Duty holiday? Pressure is mounting on the UK government Chancellor Rishi Sunak to extend the stamp duty holiday in order to avoid thousands of property purchases falling out of bed because they cannot meet the 31 March deadline. Experts warn thousands...
[embed]https://youtu.be/CkwJdrXUK-o[/embed] Will there be a property crash in 2021? What is the outlook for the UK property in the next 12 months? Key points to consider: The UK government is pumping billions into the economy and… Asset prices usually inflate after a fiscal stimulus, as they did after...
[embed]https://youtu.be/gYPsHH6Gufg[/embed] Biggest economic decline since 1709, as cost of coronavirus crisis rises to unprecedented levels. Headlines Economic output falls 11.8% worst for 300 years Unemployment will rise to 7.5% or 2.6 million by Q2 2021 Borrowing now at £394 billion, national debt £1 trillion Millions face work-based...
[embed]https://youtu.be/E2wsdJMGVQE[/embed] The national debt hit £2.08 trillion by October 2020, up £276.3bn since the start of the financial year. Monthly borrowing, required because the treasury is spending more than it earns in taxes due to the recession, reached over £40bn in April and close to that again...
[embed]https://youtu.be/vnTMr_J1z7I[/embed] Buy to let landlords and property investors could be hit with another tax blow to the solar plexus. Someone has to pay for all of this money they are printing and throwing around, so why not even investors saving for their retirement? Who is going to...
[embed]https://youtu.be/BDVS5YdRPc0[/embed] As most of the UK goes into the second lockdown this year, Chancellor Rishi Sunak has changed direction by extending the furlough scheme until the end of March and promising more generous help for self-employed people. Barely a week ago the Chancellor announced £22 billion package...
[embed]https://youtu.be/gy3-aUt3qGs[/embed] UK house prices soared again in October, growing at the fastest rate for five years, as buyers scrambled to beat next year's stamp duty deadline, the Nationwide Building Society reports. Annual house price growth rose to 5.8% and the average price is now £227,826. A similar survey...