Public finances to see £100bn hit by 2024
A 5% reduction in the economy has been blamed for the financial hit.
UK economic recovery slows in August
GDP remains 9.2% lower than pre-pandemic levels.
Unpaid BBLs ‘could cost billions’
Up to £26 billion could be lost.
Chancellor promises to ‘balance books’ amid pandemic
Sunak hinted at possible tax rises to protect the public’s finances.
Treasury issues job retention bonus guidance
Businesses can claim the bonus from 15 February 2021.