Business News

Business News

10,000 boost State Pension with online payments

15 Oct 2024

More than 10,000 payments worth £12.5 million have been made through a new digital service to boost people's state pension, HMRC has revealed.

Make Work Pay threatens employment and growth, warns FSB

14 Oct 2024

The government's Make Work Pay Bill lacks a pro-growth element and will increase economic inactivity, the Federation of Small Businesses (FSB) has warned.

Chancellor 'will need to increase taxes or borrowing' at Budget, says IFS

11 Oct 2024

The Institute for Fiscal Studies (IFS) has warned Chancellor Rachel Reeves that she will need to increase taxes or borrowing at the Autumn Budget if she is to fulfil her commitments to increasing investment spending and funding public services.

Budget will be 'pivotal moment' for new government

10 Oct 2024

The Autumn Budget will be a 'pivotal moment' for the new Labour government as it aims for sustainable economic growth, says the Confederation of British Industry (CBI).

Chancellor must tackle barriers to growth in Budget

09 Oct 2024

Chancellor Rachel Reeves must tackle barriers to growth in the Autumn Budget, says the Federation of Small Businesses (FSB).

'Strong case for capital gains tax reform', says IFS

08 Oct 2024

The Institute for Fiscal Studies (IFS) has stated that there is a 'strong case' for reform of capital gains tax (CGT).

UK Finance urges government to deliver economic growth in Budget submission

07 Oct 2024

Trade association UK Finance has called on the government to deliver economic growth in the upcoming Autumn Budget.

Bank of England hints interest rates could fall more quickly

04 Oct 2024

The Bank of England has suggested that it could cut interest rates more quickly.

New Growth and Skills Levy must end 'cycle of failure'

03 Oct 2024

The new Growth and Skills Levy must end the 'cycle of policy failure' in addressing Britain's chronic skills shortages, according to the Resolution Foundation.

Business confidence fell in September, data reveals

02 Oct 2024

Confidence amongst UK businesses fell in September, data published by the Institute of Directors (IoD) has revealed.

New tipping law comes into force

01 Oct 2024

Businesses have been banned from withholding tips or service charges from their staff under new rules that come into force on 1 October.

Government cracks down on late payments

30 Sep 2024

The government has announced a crackdown on late payments to small businesses and the self-employed.

Government announces apprenticeship reforms

27 Sep 2024

The government has announced an overhaul of the UK's apprenticeship system.

UK economic growth 'robust' in 2024, think tank says

26 Sep 2024

The UK has risen in the rankings of the G7 group of nations to have the joint-second highest economic growth for this year, according to the Organisation for Economic Co-operation and Development (OECD).

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