On 3 March 2021, UK’s Chancellor Rishi Sunak announced the 2021 Budget, outlining the state of the economy and the government’s fiscal plans for the near to medium term. As expected, the chancellor’s speech focused on changes...more
In the third retail update bulletin from the BCLP Retail Team we look at the latest measures taken by the Government in the second phase of its economic response to the COVID-19 crisis. The measures include guidance on face...more
Highlighting key tax points coming out of the recent economic update (8 July) delivered by the UK Government: Temporary reduction in stamp duty land tax (“SDLT”) on residential property purchases in England and Northern...more
As the UK’s lockdown is relaxed and unemployment figures are expected to continue to rise, the UK Chancellor gave his summer statement announcing measures to stimulate the economy as it recovers from the effects of...more
After the broad brush measures taken at the start of the COVID-19 crisis, UK Chancellor, Rishi Sunak, is now targeting help for some of the hardest hit sectors of the economy and is supporting jobs in particular. In his...more
The Chancellor has announced bold measures to help the UK hospitality sector, through an unprecedented reduction of VAT from 20% to 5% and a unique scheme to encourage customers to return to restaurants. The Government is...more