For the first time in 10 years, the UK government has announced that more has been borrowed in January than collected through tax and other income. January is usually a key revenue-raising month as it is Read More
Tags :UK Economy
Patsy Nwogu
February 22, 2021
The Office for National Statistics (ONS) said the UK economy shrunk by a record 9.9% last year as coronavirus restrictions hit economic output. The report showed that the contraction in 2020 “was more than twice as much Read More
Patsy Nwogu
February 7, 2021
Chancellor of the Exchequer, Rishi Sunak has announced that small firms would get more time to repay state-backed loans taken out to help survive the coronavirus lockdown. The changes include giving companies an option to Read More