Business

“We remain fully committed to protecting our users' privacy and security as we build a platform that inspires creativity and brings joy for hundreds of millions of people around the world. We will move forward in the best interest of users, employees, artists, creators, partners, and policymakers,” it added. … [Read more...] about TikTok parent ByteDance ready to leave China in order to save global business

The government has offered to furlough workers through its Coronavirus Job Retention Scheme, paying up to 80 per cent of wages up to £2,500 a month While self-employed workers can get up to 80 per cent of profits paid by the government for the next three months - again up to £2,500 a month The Bounce Back loan scheme offers loans of up to £50,000, with the first year interest-free Under the Coronavirus Business Interruption Loan Scheme (CBILS), SMEs can get loans and overdrafts of up to £5million for up to six years and the government guarantees up to 80 per of these loans The Coronavirus Large Business Interruption Loan Scheme (CLBILS) offers support to companies with a group turnover of more than £45million Small firms can get grants of up to £10,000 to help with ongoing business costs VAT payments and self-assessment tax returns can be deferred for three months SMEs that … [Read more...] about One in five businesses unaware of costly fees to process payments

BUNDLE OF JOYAldi's baby and toddler sale is coming back this month - with prices from 79p … [Read more...] about Half a million UK businesses are ‘on the verge of collapse’ due to coronavirus crisis

The government has offered to furlough workers through its Coronavirus Job Retention Scheme, paying up to 80 per cent of wages up to £2,500 a month While self-employed workers can get up to 80 per cent of profits paid by the government for the next three months - again up to £2,500 a month Under the Coronavirus Business Interruption Loan Scheme, SMEs can get loans and overdrafts of up to £5 million for up to six years and the government with guarantee up to 80 per of these loans Small firms can get grants of up to £10,000 to help with ongoing business costs It has also announced VAT payments and self-assessment tax returns are deferred for three months SMEs that cannot afford their tax bills can ask HMRC for a “time to pay” arrangement so any debt collection is suspended And they can get up to two weeks’ sick pay - almost £200 per employee up to 250 staff members - refunded by the government. A 12-month business rates holiday has been … [Read more...] about Insurers taken to court as coronavirus stricken businesses could be missing out on up to £900million

A Wall Street Journal report that the Phase 1 U.S.-China trade deal could be at risk placed additional pressure on U.S. stocks. According to that report, Chinese officials warned that “meddling” in Hong Kong and Taiwan could lead Beijing to back away from its commitment to purchase U.S. farm goods. … [Read more...] about Wall Street ends lower as coronavirus surge prompts renewed restrictions

Business groups and trade unions were sent draft government guidelines on how to protect workers before Boris Johnson set out on Sunday how restrictions could be eased. But the TUC has warned that the plan would put people’s health at risk and could not be supported in its current form. … [Read more...] about Use of public transport could be discouraged as lockdown ends – IFS