Business News

20 Nov 2024

Higher energy bills push UK inflation to 2.3%

UK inflation jumped last month in part due to rising energy prices, according to the latest data from the Office for National Statistics (ONS).

19 Nov 2024

Pension reforms 'must unlock growth'

Pension reforms announced by Chancellor Rachel Reeves must unlock growth, the British Chambers of Commerce (BCC) recently said.

18 Nov 2024

Permanent business rate cut for high street on the way

The government has published draft legislation to permanently cut business rates for retail hospitality and leisure properties from 2026.

15 Nov 2024

UK growth slowed in third quarter of this year, data shows

The UK's economy grew by 0.1% between July and September, according to the latest figures from the Office for National Statistics (ONS).

14 Nov 2024

Customs procedures 'still holding back UK exports', survey finds

A survey carried out by the British Chambers of Commerce (BCC) has found that customs procedures remain barriers to UK exports.

13 Nov 2024

Hybrid working the 'new normal' for a quarter of adults

Hybrid working has become the 'new normal' for about a quarter of working adults since the pandemic, according to the latest data from the Office for National Statistics (ONS).

12 Nov 2024

More than 400,000 student loan customers use digital refund service

The Student Loan Company's (SLC) digital refund service has been used by 418,000 customers.

11 Nov 2024

Business frustrated at halt in rollout of digital trade platform

Businesses will be frustrated by the government's decision to pause work on the Single Trade Window, according to the Institute of Directors (IoD).

08 Nov 2024

Interest rates cut to 4.75%

The Bank of England has cut interest rates for the second time this year as expected.

07 Nov 2024

Almost half of UK adults have not written a will

Nearly half UK of adults have not written a will, nor are they currently in the process of doing so, according to research published by insurer Canada Life.

06 Nov 2024

Government bank referral scheme 'secured loans for just one in 20 companies'

The Treasury's bank referral scheme secured loans for just one in 20 companies, a review has revealed.

05 Nov 2024

Employer NICs rise may have unforeseen consequences

The extra costs of the increase in employers' National Insurance contributions (NICs) could cause businesses to respond in ways the government did not intend, the Chartered Institute of Taxation (CIOT) has warned.

04 Nov 2024

Chancellor's Budget tax increases 'will boost growth sustainably', says IMF

Commenting on Chancellor Rachel Reeves' recent Autumn Budget, the International Monetary Fund (IMF) stated the tax increases announced will 'boost growth sustainably'.

01 Nov 2024

Budget 'first step of what's needed to lift living standards', says think tank

Reacting to Chancellor Rachel Reeves' Autumn Budget, think tank the Resolution Foundation has warned that the measures announced 'are only the first step in what's required to boost living standards'.

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