Business News

Business News

Firms face increasing cyber security risk, warns BCC

10 Feb 2025

UK businesses face increased cyber security risks without stronger engagement with government, the British Chambers of Commerce (BCC) has warned.

Rate cut brings 'measure of relief' to business

07 Feb 2025

Businesses will get a 'measure of relief' after interest rates were cut by the Bank of England, the British Chambers of Commerce (BCC) said.

£35 million added to State Pension pots

06 Feb 2025

People plugging gaps in their National Insurance contributions (NICs) have added £35 million to their State Pensions since last April, according to figures from HMRC.

Firms call for reduction in tax burden on business

05 Feb 2025

A survey carried out by the Institute of Directors (IoD) has revealed that a significant number of UK firms want a reduction in the tax burden on business.

11.5 million file self assessment by 31 January deadline

04 Feb 2025

More than 11.5 million taxpayers beat the self assessment deadline to file their tax return for the 2023/24 tax year by 31 January and avoid a £100 late filing penalty, according to HMRC's data.

British household wealth increases to £13.6 trillion

03 Feb 2025

Data published by the Wealth and Assets Survey (WAS) has showed that British household wealth hit a record high of £13.6 trillion in the two years to March 2022.

Trade strategy 'prize is huge', says BCC

31 Jan 2025

If the government gets its trade strategy right the 'prize is huge', the British Chambers of Commerce (BCC) has said.

Pension reforms to 'unlock billions' in government growth agenda

30 Jan 2025

New rules will give more flexibility over how occupational defined benefit pension schemes are managed, according to the government.

UK firms expecting slowdown, CBI finds

29 Jan 2025

UK firms are expecting to reduce both output and hiring this quarter, according to a survey conducted by the Confederation of British Industry (CBI).

Government commissions review of Loan Charge

28 Jan 2025

The government has commissioned an independent review of the Loan Charge.

Consumer confidence falls to lowest point in over a year

27 Jan 2025

Confidence amongst consumers in the UK economy has fallen to its lowest point in over a year, according to data published by market research firm GfK.

3.4 million still to file self assessment returns as deadline approaches

24 Jan 2025

There are still 3.4 million self assessment taxpayers who are yet to file their tax return for 2023/24 with the deadline fast approaching, according to HMRC.

Parliamentary watchdog accuses HMRC of 'degrading' phone services

23 Jan 2025

Parliament's spending watchdog has accused HMRC of deliberately running down its phone services to force people to use its digital services, according to a report.

Data reveals exports fell flat at end of 2024

22 Jan 2025

Data published by the Office for National Statistics (ONS) recently showed that UK exports fell flat towards the end of last year.

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