Rishi Sunak

UK chancellor extends furlough scheme to end of September, with concessions on rates and VAT

The UK chancellor of the exchequer has confirmed that the furlough scheme will be extended to the end of September 2021. In his Budget announcement, 3 March, chancellor Rishi Sunak told the House of Commons that the furlough scheme will continue to pay 80% of peoples’ wages for hours not worked until 30 September. From July, employers will be expected to contribute 10% of this support themselves, ...

UK’s BVEP submits events industry budget request to Treasury

The UK’s Business Visits and Events Partnership (BVEP) has submitted a budget request to HM Treasury ahead of the next national budget, which chancellor of the exchequer Rishi Sunak will deliver on 3 March. The budget request aims to secure long-term targeted support to aid the recovery of the UK events industry. Prior to the Covid-19 pandemic, business visits and events contributed £70bn (U...