Job Losses Soar in the UK Due to Covid-19

With the coronavirus pandemic still taking hold of our community, employers across the country are cutting thousands of jobs as the economy continues to suffer. The worst hit industries in the UK are the retail and hospitality sectors where at least 157,813 jobs have been lost. According to Sky News, the top five industries that experienced […]

The Benefits of Cloud-Based Accounting During Covid-19

Cloud-based accounting. With the current second national lockdown across the UK, many business owners and employees are facing feelings of uncertainty. Living in these unprecedented times have shaken things up, and businesses must change the way they operate to not only limit the spread of the virus, but to ensure the survival of their business. […]

Covid-19 Job Retention Scheme Extended

Covid: Rishi Sunak to extend furlough scheme to end of March The chancellor Rishi Sunak has announced that he is extending the Coronavirus Job Retention Scheme until the end of March, with a review of its terms in January. The scheme will pay 80% of an employee’s wage up to £2,500 a month, though the January review […]