Furlough pay: Can you volunteer while on furlough?

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Furloughing a workforce is one of the conditions for businesses qualifying to receive 80 percent of each employee’s salary. The Government implemented this...

Martin Lewis reveals if Junior ISA savings count towards the £16k savings limit for...

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Martin Lewis regularly takes to Twitter to take questions from concerned consumers. With coronavirus being on many people's minds, some people reached out...

A self-employed support scheme has been set up – freelancers say it's too little...

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Coronavirus has wreaked havoc on the economy and the state has felt it necessary to step in. Various support packages have been announced...

Mortgage holiday warning: 'Do not assume' Vital expert advice to homeowners amid COVID-19

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The economy has taken a huge hit from the coronavirus pandemic grinding businesses to a halt. The Chancellor, Rishi Sunak, has offered vital...

Furlough rules: Can you furlough your nanny and cleaner?

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Can you furlough your nanny?In March, Chancellor of the Exchequer Rishi Sunak announced “unprecedented measures” to support individuals, families and businesses who faced...

Council tax deferral: How to defer council tax payments

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The Government's £500million hardship fund, announced by Chancellor Rishi Sunak in the Budget last month, will provide council tax relief to households strapped...

QE: Is the Bank of England quantitative easing? Will the value of the pound...

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Quantitative easing has been a primary tool of central banks worldwide in recent years. They were primarily put to use after the 2008...

Furlough schedule: When will furlough payments be made? Do you have to repay furlough?

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To prevent workplaces from firing employees due to the drop in business amid the coronavirus pandemic, employers are able to access governmental support...

Devaluation: What is it and how does it impact the economy?

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Devaluation of a currency can be both deliberate and reactionary. The UK government can decide to devalue GBP if it feels that it...

Debenhams 'set to put administrators on standby to protect business' in coronavirus crisis

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Debenhams, which employs about 22,000 people, could signal a plan to appoint administrators as early as next week, according to Sky News. KPMG,...