Business News

UK economy will see slowest growth in G7 next year

03 May 2024

The UK will see the slowest growth of the G7 nations next year, the Organisation for Economic Co-operation and Development (OECD) has warned.

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Business leaders' economic confidence rose in April, data shows

02 May 2024

Optimism amongst UK business leaders in regard to the UK economy rose in April 2024, data published by the Institute of Directors (IoD) has revealed.

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Business group 'concerned' over impact of new customs charges on small firms

01 May 2024

The British Chambers of Commerce (BCC) is concerned over the impact of new customs checks and charges on small firms in the UK.

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HMRC launches online voluntary national insurance payment service

30 Apr 2024

HMRC has launched a new online voluntary national insurance payment service.

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Business group calls on Ofgem to 'take action' on standing charges

29 Apr 2024

The Federation of Small Businesses (FSB) has called on the energy regulator Ofgem to 'take action' on the standing charges paid by UK small firms.

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HMRC clarifies tax rules for WFH commuting

26 Apr 2024

HMRC has updated guidance on when tax relief is available on travel expenses for staff who work from home.

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UK borrowing £7.6 billion lower than last year, data shows

25 Apr 2024

Figures have shown that UK borrowing over the last financial year was £7.6 billion lower when compared to the year before.

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Inheritance tax receipts hit a record high of £7.5 billion

24 Apr 2024

Data published by HMRC has revealed that inheritance tax (IHT) receipts rose to a record high of £7.5 billion in the 2023/24 tax year.

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Small firms confused over upcoming import rules

23 Apr 2024

The government has been accused of confusing small firms before new import rules on plant and food products are introduced, according to the Federation of Small Businesses (FSB).

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HMRC launches MTD for Income Tax pilot

22 Apr 2024

HMRC's pilot scheme for Making Tax Digital for Income Tax Self Assessment (MTD for ITSA) launches today (22 April).

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Umbrella company regulation in 'precarious position', warns IPSE

19 Apr 2024

Government proposals to enact a due diligence regime for the umbrella company market are in a 'precarious position, unless government shows some urgency, the Association of Independent Professionals and the Self-Employed (IPSE) has warned.

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Business price pressures persist, warns BCC

18 Apr 2024

Business price pressures persist despite the UK's inflation rate falling to its lowest level since September 2021.

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UK inflation falls to lowest level since September 2021

17 Apr 2024

The UK's annual inflation rate fell in March for a second consecutive month, dropping to 3.2%, according to the latest figures from the Office for National Statistics (ONS).

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Small firms 'treading water' on investment, BCC warns

16 Apr 2024

The British Chambers of Commerce (BCC) has warned that UK small firms are 'treading water' on investment.

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