- £14 billion could be raised by doubling rates and cutting exemptions.
- Borrowers’ support extends as the coronavirus crisis deepens.
- CJRS and the SEISS extended with England in second lockdown.
- Take-up of the scheme was “larger than expected”.
- ONS reported a 4.8% increase for the three months to September.
- The scheme is due to take effect from 2023.
- Employees to receive 80% of salary for hours not worked.
- Stock of Government bonds will increase to £875 billion.
- Borrowers have until 31 January 2021 to request a payment deferral.
- The third taxable SEISS grant increases to £5,160.
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