Firms call for urgent action to reduce unemployment
Unemployment increased to 5% in the three months to November 2020.
HMRC waives penalties for late-filed tax returns
Fines to kick in after 28 February 2021.
Nine million people increased borrowing in 2020
The proportion of borrowing £1,000 or more increased to 45%.
Millions to face fines if self-assessment tax return deadline missed
Taxpayers could face fines totalling to £250 million.
Big businesses to reduce payment times to small suppliers
50,000 small firms close every year due to late payments.