Business News

Business News

Typical UK SME 'worth £2.9 million', according to research

26 Jun 2019

Research carried out by finance provider MarketInvoice has suggested that the typical UK small and medium-sized enterprise (SME) is 'worth more than £2.9 million'.

Research suggests small businesses 'unaware of AIA'

25 Jun 2019

Research carried out by banking group Close Brothers has suggested that almost two thirds of UK small businesses are 'unaware of the Annual Investment Allowance' (AIA).

TUC calls for mandatory reporting of disability pay gaps

24 Jun 2019

The Trades Union Congress (TUC) has called on the government to make it mandatory for businesses to report their disability pay gaps.

Many businesses 'including climate-related information in financial disclosures'

21 Jun 2019

A report published by the Taskforce on Climate-related Financial Disclosures (TCFD) has revealed that an 'encouraging' number of businesses are now including climate-related information in their financial disclosures.

Government suspends scheme for naming employers who fail to pay NMW

20 Jun 2019

The government has suspended its scheme for naming employers who fail to pay the National Minimum Wage (NMW).

Significant rise in number of data breach notifications since introduction of GDPR

19 Jun 2019

Research carried out by law firm Pinsent Masons has suggested that, since the introduction of the General Data Protection Regulation (GDPR) on 25 May 2018, there has been a 'significant rise' in the number of data breach notifications reported to regulatory body the Information Commissioner's Office (ICO).

HMRC repays tax penalties worth £1.8 million to nearly 5,000 parents

18 Jun 2019

HMRC has now repaid £1.8 million in tax penalties to nearly 5,000 parents who were fined for failing to register for the High Income Child Benefit Charge.

Rise in rental costs 'deterring young people from moving around country for jobs'

17 Jun 2019

Research carried out by think tank the Resolution Foundation has suggested that young people are 'less likely to move around the country for a better job' as a result of a considerable rise in rental costs.

ICAEW responds to government 'off-payroll working rules' consultation

14 Jun 2019

The Institute of Chartered Accountants in England and Wales (ICAEW) has responded to the government's consultation in regard to the 'off-payroll working rules from April 2020'.

Government tax investigations 'taking three years to complete', data suggests

13 Jun 2019

Data published by law firm Pinsent Masons has suggested that government tax investigations into large businesses are taking 'three and a half years' to complete.

Business groups outline principles for UK trade policy

12 Jun 2019

Business groups, including the Confederation of British Industry (CBI), the Federation of Small Businesses (FSB) and the Trades Union Congress (TUC) have set out 'core principles' for UK trade policy post-Brexit.

Government Equalities Office 'considering gender pay gap reporting for small firms'

11 Jun 2019

The Government Equalities Office has recommended extending the gender pay gap reporting initiative to include small and medium-sized enterprises (SMEs).

Significant number of individuals 'choosing to live cashless life', research suggests

10 Jun 2019

Research carried out by trade association UK Finance has suggested that many individuals in the UK are choosing to live a 'largely cashless life'.

DIT launches online tool for international investors

07 Jun 2019

The Department for International Trade (DIT) has launched an online tool to help potential international investors set up and expand their operations in the UK.

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