Treasury lending to businesses passes £40bn

Nearly a million firms in COVID-19 debt.

COVID-19 scam offers fake business grants

Fraudsters target retail, hospitality and leisure firms.

Employers ask a third of furloughed staff to work

Firms set to have 30 days to confess from July.

SMEs cite labour costs as barrier to growth

Business group calls for new measures.

Treasury may consider temporary cut to VAT

Pressure on the Chancellor to follow Germany’s lead.