Business

Image copyright Getty Images Rishi Sunak has offered a cocktail of measures to boost the spirits of pubs and drinkers affected by coronavirus and economic uncertainty. The chancellor scrapped a planned increase in duty on beer and spirits, while tax on all other kinds of alcoholic drinks will also be frozen. The small pub business […]

Image copyright Getty Images Roads and broadband internet will be the centrepieces of Chancellor Rishi Sunak’s new spending bonanza. He unveiled £27bn of investment in roads, including improved junctions, dual carriageways and tunnels. There will also be up to £510m for a shared rural mobile phone network. The infrastructure push will “get Britain building”, Mr

Image copyright Paint Pots Image caption Nursery director Andrew Howarth says nurseries are paying such high business rates it threatens their survival English nurseries are “horrified” not to have been included in a tax holiday being given to small businesses to help them in the face of the coronavirus. “We are being pushed to the

NEW YORK, March 11 (Reuters) – Wall Street plunged on Wednesday, with the Dow confirming a bear market for the first time since the 2008 financial crisis as the World Health Organization called the coronavirus outbreak a pandemic. The Dow Jones Industrial Average fell 1,464.63 points, or 5.85%, to 23,553.53, the S&P 500 lost 140.84

Image copyright Getty Images Image caption Key taxes are changing as a result of Budget announcements Chancellor Rishi Sunak’s first Budget came as attention is focused on coronavirus, but what does it mean for your financial health? There were significant announcements on benefits, tax, and the wider economy. A tax cut for millions A tax

Use our Budget calculator, developed by Deloitte, to find out how your finances may be affected by the chancellor’s new measures. If you live in Scotland, check the relevant box in the calculator below, as the Scottish Parliament now sets income tax rates and bands apart from the personal allowance. The UK Parliament is responsible

Media playback is unsupported on your device Media captionThe chancellor says his 2020 Budget offers the “largest sustained fiscal boost for nearly 30 years” In his first Budget, Chancellor Rishi Sunak unveiled a £12bn package to help the country through the coronavirus outbreak. He also outlined spending pledges that will add up to £18bn next

Image copyright Getty Images Share markets in the US were sharply lower on Wednesday in another day of jittery trade, driven by fears about the economic impact of the coronavirus. The Dow Jones was down nearly 5% at midday trade in New York, while the S&P 500 and Nasdaq fell more than 4%. London’s FTSE

Image copyright Getty Images Tens of thousands of England’s retail, leisure and hospitality firms will not pay any business rates in the coming year, the chancellor has announced. Companies with a rateable value of less than £51,000 will be eligible for the tax holiday, Rishi Sunak said. The measure applies to firms including shops, cinemas,

Image copyright PA Media Chancellor Rishi Sunak has delivered his first Budget in the House of Commons, announcing the government’s tax and spending plans for the year ahead. Here is a summary of the main points. Coronavirus response Image copyright Reuters £5bn emergency response fund to support the NHS and other public services Statutory sick