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Business news

Chancellor promises to 'balance books' amid pandemic

Sunak hinted at possible tax rises to protect the public's finances.

State pension age increases to 66

Men and women now receive their state pension at 66.

Treasury issues job retention bonus guidance

Businesses can claim the bonus from 15 February 2021.

Enhanced payment plans kick in for self-assessment taxpayers

Tax bills of up to £30,000 can be paid in instalments.

37% of UK employers to make staff redundant

Acas reported six out of 10 large companies are likely to make redundancies.