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Business News

2 Oct 2026

New Vaping Products Duty effective from 1 October 2026

Originally announced in Spring Budget 2024, the new Vaping Products Duty and Vaping Duty Stamps Scheme came into effect from 1 October 2026.

1 Oct 2026

Applications open for scheme to cut electricity bills for manufacturers

Applications opened on 1 October 2026 for the British Industrial Competitiveness Scheme (BICS) as part of government project to cut costs for businesses.

30 Sep 2026

Another year of increases in withdrawals from pension pots as £91.2 billion extracted in year ending 31 March 2026

Retirement income market data published by the FCA showed that there was a 21.7% increase in the total value of pension pots with £91.2 billion withdrawals in the year ended 31 March 2026 compared to £75.0 billion in 2024/25 and £52.2 billion in 2023/24.

29 Sep 2026

Business groups respond to Chancellor's first Labour Party Conference speech

On 28 September 2026, John Healey delivered his first speech as Chancellor of the Exchequer at the Labour Party Conference identifying 'Backing Britain' as one of his main priorities.

28 Sep 2026

Chancellor announces major maritime projects heralding a 'new age of industrialisation' for Britain

Ahead of John Healey's first Labour conference speech as Chancellor of the Exchequer, the government has announced a multi-billion pound investment in major maritime projects.

25 Sep 2026

Research shows that Londoners are under-paying property taxes by £3.1 billion relative to the value of their homes

Research published by the Resolution Foundation details the amount of tax revenue raised from property (broadly Stamp Duty Land Tax and Council Taxes).

24 Sep 2026

Survey suggests challenges remain despite improvements being made in tax administration

The Administrative Burdens Advisory Board (ABAB) has recently published the results of its annual survey completed earlier this year by 10,195 businesses and agents.

23 Sep 2026

SMEs face issues in accessing suitable finance

A recent report by the Financial Conduct Authority (FCA) found that whilst small and medium enterprises (SMEs) account for 60% of employment and 51% of turnover in the UK private sector, only 21% of the total value of UK business loans are provided to SMEs and 54% of SMEs are not using external finance in any capacity.

22 Sep 2026

ONS statistics show government is borrowing more than expected

Data released by the Office for National Statistics (ONS) on 22 September 2026 showed the UK borrowed £18.3 billion in August 2026, up £2.9 billion on the same month last year.

21 Sep 2026

Businesses should have a stronger voice in devolution according to new British Chambers of Commerce report

The British Chambers of Commerce (BCC) have issued 'A Business Roadmap for Fiscal Devolution' which calls for businesses to be put at the heart of the next stage of devolution.

18 Sep 2026

Three directors have been fined in first court action for identity verification offences

In rules brought in under the Economic Crime and Corporate Transparency Act 2023, directors are required to verify their identity with Companies House or risk enforcement action and penalties.

17 Sep 2026

Another inflation rise in August

The Consumer Prices Index (CPI) rose by 3.1% in the 12 months to August 2026, up from 2.9% the previous month.

16 Sep 2026

People encouraged to check their State Pension forecast

Research from HMRC reveals one in eight adults (12.5%) have never checked their State Pension forecast which is equivalent to approximately 6.9 million UK adults.

15 Sep 2026

ONS releases labour market overview for September 2026

The ONS have released their latest estimates of employment, unemployment, economic inactivity, and other employment-related statistics for the UK.

14 Sep 2026

UK missed out on £2tn of investment, study finds

A study carried out by consultancy Oxford Economics has suggested that the UK has missed out on almost £2 trillion in investment in business and infrastructure over the past quarter of a century.

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