Business News

Business News

Bank of England Governor states Brexit has 'cost UK households £900'

25 May 2018

The Brexit vote has left UK households '£900 worse off', according to the Bank of England (BoE) Governor, Mark Carney.

IFS warns tax rises will be needed in order to sustain health service

24 May 2018

The Institute for Fiscal Studies (IFS) has warned that the NHS will require tax rises in order to maintain the level of service it currently supplies.

UK firms give broadly positive feedback on HMRC customer service

23 May 2018

According to a recently-published HMRC survey, 55% of UK mid-size businesses are satisfied with the customer service the Revenue has provided to them.

Broadband speeds for UK households and small businesses are '51% slower than advertised'

22 May 2018

Research conducted by consumer group Which? has revealed that, on average, many UK households and small businesses only receive half the broadband speed they pay for.

Significant number of UK employees worked from home in 2017, TUC reveals

21 May 2018

An analysis carried out by the Trades Union Congress (TUC) has revealed that 6.1% of UK employees regularly worked from home in 2017.

HMRC adds two new software providers to Making Tax Digital pilot

18 May 2018

HMRC has added two new software providers to its Making Tax Digital (MTD) for income tax pilot scheme, bringing the current total to four.

UK workers will require pension pot of 'at least' £260,000, says study

17 May 2018

A study carried out by insurers Royal London has suggested that UK workers will require a pension pot of 'at least' £260,000 to ensure a comfortable retirement.

UK set to experience 'strong growth in demand for labour' in second quarter of 2018

16 May 2018

A survey carried out by the Chartered Institute of Personnel and Development (CIPD) has suggested that the UK is on course to experience 'strong growth' in demand for labour during the second quarter of this year.

Survey suggests millennials feel 'under most pressure' at work

15 May 2018

A survey conducted by the Mental Health Foundation and Mental Health First Aid England has suggested that millennials feel under the most pressure at work when compared to any other age group.

Business group brands UK wage squeeze 'worst in modern history'

14 May 2018

The Trades Union Congress (TUC) has branded the UK's current 'wage squeeze' as the 'worst in modern history'.

Many individuals believe self-employment has 'improved quality of life', survey finds

11 May 2018

A survey carried out by AXA Business Insurance has revealed that a significant number of self-employed individuals believe that working for themselves has 'improved their quality of life'.

HMRC issues warning over tax refund scams

10 May 2018

HM Revenue and Customs has issued a warning to taxpayers regarding the latest tax refund scams, which are targeting individuals via email and SMS messages.

Car insurance costs proving a 'significant burden' for young drivers

09 May 2018

Young drivers in the UK are facing significant challenges as a result of high car insurance premiums, according to a recent report by comparison website Comparethemarket.com.

New digital pension schemes service is delayed

08 May 2018

The launch of the government's new digital pension scheme platform has been delayed, HMRC has announced.

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