Latest News For Business

News

28 Sep

Chancellor announces major maritime projects heralding a 'new age of industrialisation' for Britain

Ahead of John Healey's first Labour conference speech as Chancellor of the Exchequer, the government has announced a multi-billion pound investment in major maritime projects.

25 Sep

Research shows that Londoners are under-paying property taxes by £3.1 billion relative to the value of their homes

Research published by the Resolution Foundation details the amount of tax revenue raised from property (broadly Stamp Duty Land Tax and Council Taxes).

24 Sep

Survey suggests challenges remain despite improvements being made in tax administration

The Administrative Burdens Advisory Board (ABAB) has recently published the results of its annual survey completed earlier this year by 10,195 businesses and agents.

23 Sep

SMEs face issues in accessing suitable finance

A recent report by the Financial Conduct Authority (FCA) found that whilst small and medium enterprises (SMEs) account for 60% of employment and 51% of turnover in the UK private sector, only 21% of the total value of UK business loans are provided to SMEs and 54% of SMEs are not using external finance in any capacity.

22 Sep

ONS statistics show government is borrowing more than expected

Data released by the Office for National Statistics (ONS) on 22 September 2026 showed the UK borrowed £18.3 billion in August 2026, up £2.9 billion on the same month last year.

21 Sep

Businesses should have a stronger voice in devolution according to new British Chambers of Commerce report

The British Chambers of Commerce (BCC) have issued 'A Business Roadmap for Fiscal Devolution' which calls for businesses to be put at the heart of the next stage of devolution.

18 Sep

Three directors have been fined in first court action for identity verification offences

In rules brought in under the Economic Crime and Corporate Transparency Act 2023, directors are required to verify their identity with Companies House or risk enforcement action and penalties.

17 Sep

Another inflation rise in August

The Consumer Prices Index (CPI) rose by 3.1% in the 12 months to August 2026, up from 2.9% the previous month.

16 Sep

People encouraged to check their State Pension forecast

Research from HMRC reveals one in eight adults (12.5%) have never checked their State Pension forecast which is equivalent to approximately 6.9 million UK adults.

15 Sep

ONS releases labour market overview for September 2026

The ONS have released their latest estimates of employment, unemployment, economic inactivity, and other employment-related statistics for the UK.

14 Sep

UK missed out on £2tn of investment, study finds

A study carried out by consultancy Oxford Economics has suggested that the UK has missed out on almost £2 trillion in investment in business and infrastructure over the past quarter of a century.

11 Sep

Business group urges Chancellor to 'restore business confidence'

The Institute of Directors (IoD) has called on Chancellor John Healey to help restore confidence amongst UK businesses in the upcoming Autumn Budget.

10 Sep

Nearly half of UK businesses using AI tools

Research carried out by insurer Simply Business has revealed that 47% of UK small business owners are using artificial intelligence (AI) tools.

09 Sep

Government launches overhaul of corporate reporting

The government recently launched an overhaul of corporate reporting that it hopes will save UK businesses more than £450 million per year.

08 Sep

Chancellor pledges to make Great Britain 'growth Britain'

In a speech ahead of the Autumn Budget on 28 October, Chancellor John Healey pledged to make Great Britain 'growth Britain again' by strengthening the UK's economic growth trajectory.

07 Sep

HMRC writes to those with outstanding Loan Charge liabilities

HMRC has started to write to individuals with outstanding Loan Charge liabilities in order to invite them to settle as part of a new scheme.

04 Sep

Reintroducing tax-free shopping 'could boost economy by £11.5 billion'

A new report published by the Centre for Economics and Business Research (CEBR) has suggested that reintroducing tax-free shopping for visitors to the UK would help generate £11.5 billion for the UK economy.

03 Sep

Long-term borrowing costs reach record high

Government long-term borrowing costs have reached a 28-year high.

02 Sep

Growth outlook affected by weak business investment

The latest economic forecast published by the British Chambers of Commerce (BCC) has revealed that the growth outlook for the UK has been affected by weak business investment.

01 Sep

240 crypto millionaires revealed by HMRC data

Declarations of over than £1 million in capital gains from cryptoassets in the 2024/25 tax year were made by 240 individuals, according to data published by HMRC.

28 Aug

Tackling cost of doing business key to solving youth employment crisis

Britain's youth unemployment crisis is the symptom of a wider cost of doing business problem, warns the Confederation of British Industry (CBI).

27 Aug

Criminalising tax mistakes could hit low-income taxpayers

HMRC's proposal to make it easier to prosecute taxpayers could have a detrimental impact on low-income unrepresented taxpayers, warns the Low Incomes Tax Reform Group (LITRG).

26 Aug

Government to review business rates valuations for pubs and hotels

The government will carry out a review of business rates valuations for pubs and hotels to improve fairness and transparency.

25 Aug

Prime Minister refuses to rule out tax rises in upcoming Budget

Prime Minister Andy Burnham has refused to rule out tax rises in the upcoming Autumn Budget.

24 Aug

Government borrowing higher than expected in July

Data published by the Office for National Statistics (ONS) has revealed that government borrowing was higher than experts had anticipated in July.

21 Aug

HMRC set to sign taxpayers up for MTD for Income Tax

From September 2026, HMRC intends to write to taxpayers who need to use the Making Tax Digital for Income Tax (MTD for IT) service but who have not registered to let them know HMRC has signed them up on their behalf.

20 Aug

UK inflation increases to highest rate in four months

The UK rate of inflation has risen to 2.9% - its highest level in four months.

19 Aug

Prime Minister urged to reverse IHT changes at Autumn Budget

Prime Minister Andy Burnham has been urged to reverse changes to Inheritance Tax (IHT) at the upcoming Autumn Budget.

18 Aug

Crackdown on zero hours contracts could cost businesses

An analysis carried out by the government has revealed that a crackdown on zero hours contracts could cost businesses £2.9 billion a year.

17 Aug

Business group sets recommendations to help small firms recruit

The Federation of Small Businesses (FSB) has outlined recommendations to help small firms recruit talent.

14 Aug

Data shows UK economy grew between April and June

The UK economy grew by 0.4% between April and June, official data has revealed.

13 Aug

Recruitment of permanent staff stops falling for first time in four years

Analysis carried out by the Recruitment and Employment Confederation (REC) has revealed that recruitment of permanent staff stopped falling in July for the first time in almost four years.

12 Aug

Retail sales growth falters in July as a result of hot weather

UK retail sales growth fell in July as a result of summer heatwaves, according to the British Retail Consortium (BRC).

11 Aug

Prime Minister pledges to ease cost of living for UK households

Prime Minister Andy Burnham has pledged to help ease the cost-of-living crisis for households in the UK.

10 Aug

Trade body calls for Prime Minister to drop tourist tax plans

Trade body UK Hospitality has urged Prime Minister Andy Burnham to shelve plans to expand the so-called 'tourist tax' across the UK.

07 Aug

BCC outlines three-point plan for new government

The British Chambers of Commerce (BCC) has set out a three-point plan for the new government.

06 Aug

HMRC updates guidance on reduced VAT rate for summer holidays

HMRC has updated its guidance on the temporary reduced rate of VAT applicable to children's meals, family attractions and tickets.

05 Aug

Research shows retail sales slowed in July

Research carried out by the Confederation of British Industry (CBI) has revealed that retail sales volumes fell at a markedly slower pace in the year to July.

04 Aug

Business confidence 'remains subdued', report says

A report carried out by the Institute of Directors (IoD) has revealed that business confidence remains 'subdued' as cost pressures on firms intensify.

03 Aug

Business group calls for government to build trust in AI among small firms

The Federation of Small Businesses (FSB) has called for the government to help build trust in artificial intelligence (AI) amongst small firms.

Sign up and stay informed