Business News

06 Dec 2024

No tax changes for online sellers

People selling unwanted items online can continue to do so without any new tax obligations, HMRC has confirmed.

05 Dec 2024

Interest rates 'set to be higher for longer'

The Organisation for Economic Co-operation and Development (OECD) has warned that interest rates will be higher for longer due to the recent Autumn Budget.

04 Dec 2024

Cyber-attacks cost UK businesses £44 billion in last five years

Over half of UK businesses have experienced at least one cyber-attack in the past five years, suffering combined lost revenue of £44 billion as a result, according to insurance broker Howden.

03 Dec 2024

Small businesses counting the cost of potholes

Small businesses across the UK are counting the cost of pothole damage to their vehicles, according to new research from the Federation of Small Businesses (FSB).

02 Dec 2024

Optimism amongst business leaders 'approaching Covid lows'

A survey carried out by the Institute of Directors (IoD) has found that business leader confidence in the UK economy fell from -52 in October to -65 in November 2024, bringing optimism close to its record low in April 2020.

29 Nov 2024

Business groups respond to Get Britain Working white paper

Business groups, including the British Chambers of Commerce (BCC) and the Federation of Small Businesses (FSB) have responded to the publication of the government's Get Britain Working white paper.

28 Nov 2024

CBI calls for action to 'turbocharge growth'

The Confederation of British Industry (CBI) has warned that business margins are being squeezed and profits are being hit as a result of the measures announced by Chancellor Rachel Reeves at the Autumn Budget.

27 Nov 2024

Scams warning issued as self assessment deadline looms

HMRC is warning of scam attempts targeting self assessment taxpayers in the run up to the 31 January deadline.

26 Nov 2024

BCC calls for industrial strategy that benefits all parts of UK

The British Chambers of Commerce (BCC) has called for an industrial strategy that 'brings benefits to businesses and people in all parts of the UK'.

25 Nov 2024

Intergenerational transfers 'having profound impact on people's economic prospects'

Research carried out by the Resolution Foundation has shown that financial transfers between generations are having 'profound but unequally felt' impacts on people's economic prospects.

22 Nov 2024

HMRC late payment interest cut by 0.25%

HMRC has reduced late payment and repayment interest rates following the cut to the base rate.

21 Nov 2024

Retailers write to Chancellor over Autumn Budget measures

More than 80 of the UK's largest retailers have written to Chancellor Rachel Reeves regarding the measures announced in the Autumn Budget on 30 October.

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.

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