Business News

Inflation rate rises to six-month high

20 Sep 2018

Data published by the Office for National Statistics (ONS) has revealed that inflation unexpectedly rose to a six-month high of 2.7% in August.

Significant number of UK firms 'unaware of Making Tax Digital for VAT'

19 Sep 2018

Research carried out by the Institute of Chartered Accountants in England and Wales (ICAEW) has suggested that over 40% of UK businesses are 'not yet aware' of Making Tax Digital for VAT (MTD for VAT).

BCC downgrades UK growth forecasts as result of Brexit uncertainty

18 Sep 2018

The British Chambers of Commerce (BCC) has downgraded its growth forecasts for the UK economy as a result of ongoing uncertainty surrounding Brexit.

New technology 'could pave way for better working conditions', states TUC

17 Sep 2018

In a new report, the Trades Union Congress (TUC) has stated that new technology, such as artificial intelligence (AI) and robotics, could help to 'pave the way for better working conditions' for UK employees.

Government publishes the next set of 'no deal' Brexit documents

14 Sep 2018

The government has published a second batch of 28 technical notices, offering further guidance for businesses and individuals in the event of a 'no deal' Brexit.

Government launches new Help to Save scheme

13 Sep 2018

The Government has launched its new 'Help to Save' scheme, which is designed to encourage workers on lower incomes to save.

Small business group unveils plans for 'fairer energy market'

12 Sep 2018

The Federation of Small Businesses (FSB) has called for the introduction of 'Open Banking' style measures to the energy market, in a bid to allow small businesses access to cheaper tariffs and make it easier for them to switch energy provider.

New laws aim to help small businesses to secure funding

11 Sep 2018

Small businesses struggling to access invoice finance could be helped by the introduction of proposed new laws. The plans form part of the government's 'modern Industrial Strategy'.

Government launches new trade taskforce

10 Sep 2018

The government has launched a new trade taskforce, with the stated aim of helping UK businesses to 'develop trade links around the world'.

Government scraps national insurance tax cut for the self-employed

07 Sep 2018

The government has scrapped a planned national insurance tax cut for self-employed workers.

IPPR calls for 'fundamental reform' of UK economy

06 Sep 2018

Think tank the Institute for Public Policy Research (IPPR) has called for a radical overhaul of the UK economy, stating that it 'does not work well' for most people.

AAT outlines proposals to 'protect taxpayers from tax rises'

05 Sep 2018

In a new report, the Association of Accounting Technicians (AAT) has outlined a range of proposals designed to help raise funds for the NHS without instigating tax rises.

Report reveals childcare fees have 'risen faster than wages'

04 Sep 2018

According to a report published by the Trades Union Congress (TUC), childcare fees have risen by 52% since 2008, while wages have risen by just 17%.

Significant rise in number of data breach complaints as result of GDPR

03 Sep 2018

Research carried out by commercial law firm EMW has revealed that the number of data breach complaints made to the Information Commissioner's Office (ICO) has risen by 160% since the introduction of the General Data Protection Regulation (GDPR).

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