Vale & West Chartered Accountants Blog

Category Archives:Covid-19 Economy

“Night-time economy”- is it back on its dancing feet?

The Night Time Industries Association (NTIA) has recently revealed that due to the pandemic, 393,000 jobs have ended across the night-time economy. Read More

Business leader calls for action on skills to support the recovery

The boss of one of Britain’s most influential business organisations has called on the Government to take action to make sure the UK’s economy does not stall because of labour shortages.

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Economic boost as record borrowing levels slashed

There was more good news on the economy as we emerged from lockdown, with official figures showing UK borrowing had been slashed in July, compared with the same period last year.

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Good news on jobs and growth a boost for business

The UK economy has had two major boosts this week with growth in the economy and in the jobs market, according to figures from the Office for National Statistics (ONS).

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Labour shortages could impact UK’s economic recovery, says experts

A recent report on the latest business trends suggests that despite the surge of hiring among UK firms in July, the lack of working employees could still threaten the UK’s economy recovery. Read More

Federation of Small Businesses calls for more help for SMEs as financial support winds down

The Federation of Small Businesses (FSB) calls on the Government to offer more economic support to small and medium enterprises (SMEs) as coronavirus-related limits continue and fewer financial packages are being handed out.  Read More

UK set for a strong recovery from pandemic

The UK is predicted to bounce back strongly from the pandemic, with GDP growth of 8.2 per cent this year, according to an employers’ organisation.

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Pub industry calls for reopening of the sector as sales halve

Prominent figures within the beer and pub industry are calling upon the Government to reopen pubs with non-essential shops when lockdown ends, as they are an indispensable contributor to the economy.  Read More

UK economy suffers “worst fall in 300 years”

The UK economy shrank by a record 9.9 per cent last year as coronavirus restrictions forced thousands of businesses to close, official statistics have revealed. Read More

Online sales tax proposal for Autumn Budget

The UK Treasury is considering online sales tax for retailers such as Amazon, Asos and Ocado, after a drastic increase in online shopping and the current “uneven system”, has caused many in-store retailers to be at a disadvantage. Read More

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