May 2021

Welcome to the May 2021 issue of our newsletter.

Welcome to Our Latest Newsletter

The Office for National Statistics (ONS) have released their latest indicators for the UK economy and society for April which show the economy slowly returning towards its 2019 levels. The growth in the economy is expected to accelerate from May as restrictions ease. Below are some of the latest results. For the full survey see: Coronavirus and the latest indicators for the UK economy and society - Office for National Statistics (ons.gov.uk)

  • Estimates for UK seated diner reservations on Saturday 24 April 2021 were at 62% of the level seen on the equivalent Saturday of 2019; this is a slight increase of 2 percentage points from the previous week and is expected to continue.
  • In the week to 24 April 2021, overall retail footfall in the UK was at 80% of its level in the equivalent week of 2019; footfall at retail parks continues to outperform that at shopping centres and high streets relative to its level in the same period of 2019.
  • The volume of UK online job adverts was at 103% of its average February 2020 level on 23 April 2021; this is an increase of 4 percentage points from the previous week and the first time it has exceeded its February 2020 average level since 6 March 2020.
  • There were 14,292 company incorporations in the week to 23 April 2021, a 9% decrease on the previous week (15,771) and the lowest volume recorded in 2021 to date, but 21% higher than the equivalent week in 2019 (11,907).

Please talk to us about your future plans, our team of business experts can help you to achieve your goals.

Below is our roundup of the latest business and COVID-19 news:

The Importance of Cash Flow Planning
Beware Bogus HMRC Phishing Scams
Research & Development (R&D) Claims - Common Errors
National Insurance "Holiday" if You Hire Military Veterans
The mortgage guarantee scheme
COVID-19 Government Support News