Business News

The ongoing cost-of-living crisis has driven individuals to use cash more frequently, research carried out by the British Retail Consortium (BRC) has suggested.

HMRC recently updated its guidance on IR35 compliance for employers.

Research carried out by YFM Equity Partners has suggested that the UK is a 'hub for innovation', with UK entrepreneurs generating £950 billion in revenue each year.

A survey of nearly 650 UK businesses carried out by the British Chambers of Commerce (BCC) has found that red tape, rising costs and increasing regulation are holding back exports.

The Institute of Directors (IoD) has found that confidence amongst directors in the UK is 'stuck in a rut'.

Private sector activity continued to fall in the three months to November, according to the Confederation of British Industry's (CBI) latest Growth Indicator.

Almost half of UK small and medium-sized enterprises (SMEs) don't know any details about the government's net zero target, according to research carried out by the British Chambers of Commerce (BCC).

The Office for Budget Responsibility (OBR) has warned the government that the spending plans outlined by Chancellor Jeremy Hunt in the recent Autumn Statement represent a 'very big fiscal risk'.

Research carried out by the Federation of Small Businesses (FSB) has found that utilities remain cost drivers for 'a majority' of small firms in the UK.

A report published by the Public Accounts Committee (PAC) has warned that HMRC has 'lost sight of needing to put taxpayers at the heart of changes to the tax system', including the implementation of Making Tax Digital (MTD).

The Institute for Fiscal Studies (IFS) has warned the government that the tax cuts announced in the 2023 Autumn Statement won't prevent tax revenues rising to their highest ever levels.

The changes to national insurance announced yesterday by Chancellor Jeremy Hunt in his 2023 Autumn Statement will help to 'ease the burden on strivers up and down the country', the Federation of Small Businesses (FSB) has said.

Chancellor Jeremy Hunt will present the 2023 Autumn Statement today. We will keep you up to date on the key Autumn Statement announcements and supply a summary, which will appear on our website.

Chancellor Jeremy Hunt used his Autumn Statement to make tax cuts for businesses, workers and the self-employed.