Business News

04 May 2022

Number of firms in critical financial distress rises sharply

A growing number of UK businesses are at risk of going under as costs spiral and COVID loan repayments become due, according to a report from insolvency firm Begbies Traynor.

03 May 2022

MPs consider changes to help tackle increasing cost of living

With inflation increasing energy and food prices, ministers have pitched ideas to help tackle the cost-of-living crisis.

29 Apr 2022

Government inaction on long COVID could cost billions

There are now more than a million workers missing from the workforce compared to pre-pandemic, according to a report published by the IPPR think tank.

28 Apr 2022

Government borrowing more than halves, data reveals

Data published by the Office for National Statistics (ONS) has revealed that government borrowing in the last financial year more than halved when compared to a year earlier.

27 Apr 2022

Data shows IHT receipts up £0.7 billion

Data published by HMRC has revealed that inheritance tax (IHT) receipts for April 2021 to March 2022 totalled £6.1 billion, which is £0.7 billion higher than in the same period a year earlier.

26 Apr 2022

Which? warns it is 'now or never' to halt UK's 'cash crisis'

Following the publication of research which shows that almost a quarter of free-to-use ATMs have vanished since 2018, consumer group Which? has stated that it is 'now or never' to save cash.

25 Apr 2022

Half of small firms do not expect to grow over coming year, FSB finds

Research carried out by the Federation of Small Businesses (FSB) has found that close to half of UK small firms don't expect their business to grow over the coming year as a result of the cost-of-doing-business crisis.

22 Apr 2022

HMRC starts chasing up SEISS overpayments

HMRC has started to recover overpayments of Self-employment Income Support Scheme (SEISS) grants.

21 Apr 2022

Energy bosses call for price cap to be scrapped to prevent 'horrific' winter

Bosses of the UK's largest energy firms have called on the government to intervene with 'unprecedented' measures to prevent a fuel poverty crisis next winter.

20 Apr 2022

Export growth is 'stagnant', BCC finds

Data published by the British Chambers of Commerce (BCC) has found that UK export growth has been effectively stagnant for the past year.

19 Apr 2022

New HMRC one-stop online shop provides taxpayers with tax relief information

HMRC has launched a new one-stop online shop designed to provide taxpayers with information on the tax reliefs and financial support available to them.

14 Apr 2022

Business groups comment on latest inflation figures

Business groups, including the Confederation of British Industry (CBI), the Federation of Small Businesses (FSB) and the British Chambers of Commerce (BCC) have commented on the latest data published by the Office for National Statistics (ONS), which revealed that inflation rose to 7% in the year to March.

13 Apr 2022

HMRC names avoidance scheme promoters for first time

Tax avoidance schemes have been named for the first time by HMRC as users are warned they could face large tax bills.

12 Apr 2022

Research suggests hybrid working saves businesses significant amounts of money

Research carried out by Confused.com has revealed that hybrid working practices help businesses save an average of £8,100 per employee.

08 Jun 2026

Record number of taxpayers file self assessment in April

A record 737,891 taxpayers filed their 2025/26 self assessment returns in April, according to figures from HMRC.

08 Jun 2026

ICAEW encourages taxpayers to sign up to Making Tax Digital

Taxpayers who are required to use Making Tax Digital (MTD) for Income Tax from April 2026 should sign up now if they haven't done so already, says the Institute of Chartered Accountants in England and Wales (ICAEW).

08 Jun 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).

08 Jun 2026

Summer savings for children launched

Families travelling this summer will benefit from free bus travel for children as part of the government's efforts to help with the cost of living.

08 Jun 2026

Government boosts efforts to help young people find their Child Trust Funds

The government will contact thousands of young people about forgotten Child Trust Funds (CTFs) in a bid to reunite account holders with their accounts that are now worth £2,200 on average.

08 Jun 2026

Government must fix 'broken business rates'

The government must take the chance to fix the UK's broken business rates system, says the British Chambers of Commerce (BCC).

08 Jun 2026

Crime against business putting growth at risk

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

08 Jun 2026

Advisory fuel rates for company cars

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

06 May 2026

Countdown to taxation of benefits-in-kind via the payroll underway

There is less than a year to go before all employers must tax benefits-in-kind via the payroll, the Chartered Institute of Taxation has warned.

06 May 2026

UK government to review mileage rates

The government has confirmed it will review approved mileage rates for business users ahead of a future Budget.

06 May 2026

UK businesses should apply now for Vaping Products Duty

Vaping-related businesses and supply chains need to register now for Vaping Products Duty (VPD) and the Vaping Duty Stamps (VDS) Scheme, says HMRC.

06 May 2026

Government unveils crackdown on late payments

Small businesses to be backed by new, stronger measures to tackle late payments, the government has announced.

06 May 2026

New procurement rules offer SMEs hope

The government's new procurement rules that target opportunities for smaller businesses offer hope to SMEs, according to the British Chambers of Commerce (BCC).

06 May 2026

Pensioners urged to be alert to Winter Fuel Payment scams

HMRC is warning pensioners to be on high alert for scams as the recovery of Winter Fuel Payments begins this month.

Archive News

Click here to access our full archive