News

Stay up to date on all of the latest business and tax happenings.

Business News

8 Jun 2026

Small firms to receive funding boost to business debt advice services

The Treasury recently announced that small businesses and the self-employed who struggle with their finances will receive a helping hand via a new £4 million funding boost to business debt advisory services over the next three years.

5 Jun 2026

Business leaders believe Employment Rights Act will harm growth

Research carried out by the Institute of Directors (IoD) has indicated that 86% of business leaders believe that the Employment Rights Act will adversely affect UK growth.

4 Jun 2026

Three quarters of workers not on track for 'moderate' pension income

Three quarters of UK workers are not on course to save enough for a 'moderate' lifestyle when they retire, according to a report by Pensions UK.

3 Jun 2026

Hospitality sector calls 10% VAT rate

Hospitality businesses, teams and organisations are being urged to sign a new petition calling for the government to cut hospitality VAT to 10% by UKHospitality.

2 Jun 2026

Business confidence improves despite rising concerns about Iran conflict

Confidence in both the UK economy and their own organisations rose amongst business leaders during May, according to research from the Institute of Directors (IoD).

1 Jun 2026

'Urgent action' needed to boost career opportunities for young people

A new report has warned that one in six young people will not be in education, employment or training within five years if 'urgent action' is not taken.

29 May 2026

Advisory Fuel Rates

New company car advisory fuel rates have been published and will take effect from 1 June 2026.

28 May 2026

Youth employment approaching pandemic and financial crisis levels

The recent fall in youth employment is now approaching the decline seen during the Covid-19 pandemic and 2008 financial crisis, according to the Institute for Fiscal Studies (IFS).

27 May 2026

Temporary reduced rate of VAT for children's meals, tickets and family attractions

The government is helping families this summer with the cost-of-living crisis by cutting VAT on attractions and meals out. The temporary reduced rate of VAT will cover children's meals, tickets and family attractions.

26 May 2026

Approved Mileage Allowance Payments (AMAPs), Mileage Allowance Relief (MAR) and self-employed mileage

The government has announced increases to AMAPs, MAR and self-employed mileage rates, which will be backdated to 6 April 2026.

22 May 2026

New parents urged to claim Child Benefit for their baby now

One in three new parents are missing out on Child Benefit payments in their baby's first year, according to HMRC's figures.

21 May 2026

Crime against business putting growth at risk

Decisive action is needed to tackle the 'hidden threat' of crime against businesses, which is damaging growth, according to the British Chambers of Commerce (BCC).

20 May 2026

Dip in inflation rate likely to be 'temporary quirk'

April's slowdown in the rate of inflation?is?likely to be a 'temporary quirk' rather than a 'signal?on the direction of travel', says the British Chambers of Commerce.

19 May 2026

Late payment legislation is 'historic' moment

The UK government's formal commitment to legislation to stamp out late payments is an historic moment, according to the Federation of Small Businesses (FSB).

18 May 2026

Iran war could cost Treasury up to £8 billion a year

Prolonged conflict in the Middle East could cost the Treasury up to £8 billion a year through higher debt interest payments and lost tax revenue, warns the Institute for Public Policy Research (IPPR).

Hot Topics