Business News.

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Business News

AI to boost trade by nearly 40% by 2040 if gaps are bridged

23 Sep 2025

Artificial intelligence (AI) could boost the value of cross-border flows of goods and services by nearly 40% by 2040 thanks to productivity gains and lower trade costs, according to a World Trade Organisation (WTO) report.

Failed housing transactions cost £1.5 billion a year

22 Sep 2025

Failed housing transactions cost consumers and the economy at least £1.5 billion every year, according to research published by Santander.

Bank of England leaves interest rate unchanged

19 Sep 2025

The Bank of England has left interest rates unchanged at 4% as inflation remains nearly twice its target rate.

British household energy debt has tripled in a decade

18 Sep 2025

The number of customers falling behind on energy bills with no repayment plan in place has more than tripled between 2012 and 2024, according to from the Resolution Foundation.

Inflation heaping pressure on firms, warns BCC

17 Sep 2025

UK firms are still under pressure after the annual rate of inflation remained at 3.8% in August, the British Chambers of Commerce (BCC) has warned.

Covid repayment window opens

16 Sep 2025

The government has launched a voluntary repayment scheme to allow recipients of financial Covid support to repay outstanding money they were not entitled to or did not need with 'no questions asked'.

Chancellor to explore reforms to business rates on second premises

15 Sep 2025

Chancellor Rachel Reeves will look at fixing the cliff edges in business rates that can discourage small business investment and growth, according to a report from HM Treasury.

'More must be done' to reform Lifetime ISAs

12 Sep 2025

The Treasury Committee has stated that the government has 'not heeded warnings' that the Lifetime ISA requires reform.

Budget Board must focus on easing the cost of doing business, says IoD

11 Sep 2025

The government's Budget Board must focus on easing the cost of doing business, says the Institute of Directors (IoD).

Four million calls to HMRC unanswered every year, MPs told

10 Sep 2025

MPs were recently told that four million calls to HMRC go unanswered each year, risking 'undermining compliance and the government's revenue targets'.

Changes to 'sugar tax' could damage business confidence

09 Sep 2025

UK soft drinks producers have warned Chancellor Rachel Reeves that proposed changes to the Soft Drinks Industry Levy will damage business confidence and have 'severe economic consequences for the industry'.

Economic outlook remains subdued

08 Sep 2025

The overall outlook for the UK economy remains subdued despite an upgrade to its forecast, says the British Chambers of Commerce (BCC).

Lowering VAT threshold would be manifesto breach, warns IPSE

05 Sep 2025

Lowering the threshold at for VAT registration would breach Labour's manifesto, IPSE, the Self-Employed Association has warned.

Autumn Budget to be delivered on 26 November

04 Sep 2025

The Autumn Budget will be delivered on 26 November by the Chancellor of the Exchequer, HM Treasury has announced.

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