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Hot Off The Wires - 19th January 2021

News


  • The CBI has written to Rishi Sunak to extend the furlough scheme, the business rates holiday and the deferral of VAT until at least the summer.

  • The government’s plan to discontinue a £20-a-week increase to the universal credit welfare benefit has fuelled anger among Conservative MPs representing former Labour seats.

  • Britain could be spared a massive tax raid if the economy bounces back strongly as vaccines are rolled out, a Treasury minister has said.

  • A promising oncology drug being developed by Astrazeneca following a $6.9bn partnership with a Japanese rival has been approved in the US to treat a type of gastric cancer.

  • President Trump’s top officials have launched a fresh clampdown on suppliers to Huawei as they prepare to leave office tomorrow.


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Trivia


Which was the first credit card that could be used in multiple locations?

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