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Business News

13 May 2025

One in four employers plan to make redundancies in next quarter

The number of employers expecting to increase staff numbers in the next three months has fallen to a record low outside of the pandemic, according to research from the Chartered Institute of Personnel and Development (CIPD).

12 May 2025

Record numbers file assessment in first week of new tax year

Almost 300,000 people filed their tax return in the first week of the new tax year, setting a new record, HMRC has revealed.

9 May 2025

Interest rates cut to 4.25%

The Bank of England has cut interest rates from 4.5% to 4.25%, the lowest rate since May 2023.

8 May 2025

HMRC criticised for delays in processing tax refunds

HMRC has come under fire for delays in processing tax refunds.

7 May 2025

Business confidence rises to highest level since late 2024

Data published by the Institute of Directors (IoD) has revealed that confidence amongst business leaders has risen to its highest level since before the 2024 Autumn Budget.

6 May 2025

Government warned over 'lost generation'

The government should urgently tackle the jobs crisis among young people or it will risk facing a 'lost generation', according to the British Chambers of Commerce (BCC).

2 May 2025

HMRC launches new online help for compliance checks

HMRC has launched a new online interactive tool to help guide both businesses and individuals through tax compliance checks.

1 May 2025

New cryptoasset rules aim to protect consumers

The government is introducing legislation to regulate cryptoassets and improve consumer protection for the asset class.

30 Apr 2025

Lack of trust and board expertise putting brakes on AI adoption

A lack of trust and a shortage of expertise at board level are limiting the adoption of AI in UK businesses, according to research from the Institute of Directors (IoD).

29 Apr 2025

Chancellor unveils plans to maintain level playing field for British business

Chancellor Rachel Reeves has said British businesses will be supported in trading freely as she takes action on practices that undercut fair trade, such as the dumping of cheap goods into the UK.

28 Apr 2025

IHT receipts reach record £8.2 billion

Figures published by HMRC have revealed that Inheritance Tax (IHT) receipts reached a record £8.2 billion in the 2024/25 tax year as a result of rising asset values.

25 Apr 2025

Government taking right approach to tariff negotiations

The UK government is taking the right approach to tariff negotiations with the US despite downgrades to the economic outlook, says the British Chambers of Commerce (BCC).

24 Apr 2025

Sole traders and landlords get Making Tax Digital warning

23 Apr 2025

Tax red tape costs small businesses nearly £25 billion a year

Tax compliance costs small businesses nearly £25 billion a year, according to recent research conducted by the Federation of Small Businesses (FSB).

22 Apr 2025

More parents financing children's house deposits

More parents are financing their children's housing deposits, according to new research.

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