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27 Sep 2021

Northern Ireland's high street voucher scheme is now open to everyone aged 18 and over to apply online for a £100 "spend local" card to use inshops before the end of November.

23 Sep 2021

HM Treasury has published a progress update on its Plan for Jobs as well as a record £650 billion infrastructure investment

22 Sep 2021

The report focuses on what the Government should consider including in their upcoming second Cycling and Walking Investment Strategy (CWIS) to harness the wider positive work already being...

21 Sep 2021

Selling electric scooters without clear warnings is breaking the law, according to minister

16 Sep 2021

There's so much to be learned from the success (or lessons) of others, particularly when it come to the ever-moving landscape of social media. So, every week Maybe* dig through all the data...

15 Sep 2021

Read which lucky bike shops and customers were chosen to receive Local Bike Shop Day prizes

14 Sep 2021

Green Streetis a guide to helping smaller retailers & hospitality businesses work together to slash their carbon footprint and become more sustainable as quickly as possible.

13 Sep 2021

Local Bike Shop Day 2021, administered by the Association of Cycle Traders (ACT), was supported by a record number of cycling organisations and bike shops

9 Sep 2021

Join tax compliance company Avalara for a webinar as they cover IOSS & selling into the EU, on Thursday 30th September at 11am.

6 Sep 2021

Gary Spengler, the previous owner of Butterworth Spengler, will be riding between 4th to 12th September to complete over 970 miles for a worthy cause

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Rishi Sunak rejects calls by businesses for furlough extension despite extended restrictions

Posted on in Business News , Cycles News , Political News

Rsocial distancingishi Sunak has rejected business demands for an extension of the furlough scheme and business rates relief, despite a four-week delay in the easing of Covid-19 restrictions now set for 19 July.

The fourth and final stage of taking England out of lockdown was originally set for June 21, but the rapid spread in cases of the Delta variant has led to a 50 per cent rise in hospitalisations across England week-on-week.

The lockdown extension is set to be reviewed in two weeks and the PM remains "confident" that the delay would not need to be longer than four weeks.

Chancellor Rishi Sunak has rejected the call to extend furlough and business rates relief, both of which are set to begin to wind down from the start of next month.

The furlough scheme will wind down from paying 80 per cent of people's wages to 70 per cent from July 1, with support set to be withdrawn altogether by September.

Business rate relief is set to fall from 100 per cent to 66 per cent from July 1, although it will remain in place until March next year.

 

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