UK government performs fiscal U-turn
UK: New chancellor Jeremy Hunt has announced that the majority of measures in his predecessor Kwasi Kwarteng’s mini-budget will be scrapped.
UK government unveils support package to cut business energy bills
UK: The UK government has unveiled an “unprecedented” support package that will place a cap on wholesale energy bills for businesses from 1 October, initially over a six-month period.
£700m cash grants for UK hospitality businesses
UK: Hospitality businesses in England most impacted by Covid-19 and the Omicron variant will benefit from £700 million in government grants, delivered to councils across the country today. Businesses in the hospitality, leisure and accommodation sectors can apply for one-off grants (maximum £6,000) depending on the premise’s rateable value: • £51,000 and above rateable value: […]