Business News

08 Aug 2025

Bank of England cuts interest rates to 4%

The Bank of England has cut interest rates to 4%, taking the cost of borrowing to the lowest level for more than two years.

07 Aug 2025

SME exporters hit by new US customs charges

President Trump's decision to charge import duties for low value goods entering the US is a major blow to the UK's SME exporters, says the British Chambers of Commerce (BCC).

06 Aug 2025

Companies House confirms identity verification rollout to help combat fraud

Companies House is to roll out compulsory identity verification for company directors and people with significant control (PSCs) to help combat fraud and so-called phoenix companies.

05 Aug 2025

Economic confidence plummets to all-time low

Economic confidence amongst the UK's business leaders has dropped to an all-time low, according to data from the Institute of Directors (IoD).

04 Aug 2025

Crackdown on late payments launched in plan to back small businesses

The government is set to tackle late payments to businesses with significant legislative reforms.

01 Aug 2025

Time for taxpayers to get ready for Making Tax Digital for Income Tax

Self-employed taxpayers and landlords should file their 2024/25 tax return early to find out if Making Tax Digital (MTD) will apply to them from next April, says the Low Incomes Tax Reform Group (LITRG).

31 Jul 2025

SMEs missing out on £2.7 billion in National Insurance savings

Most UK SMEs are not using salary exchange so are missing out on a potential £2.7 billion in employer National Insurance contribution (NIC) savings, according to insurance broker Howden.

30 Jul 2025

HMRC launches online PAYE service

HMRC has launched a new online PAYE service, which it says will give 35 million workers more control over their tax affairs.

29 Jul 2025

CGT revenue falls by 18%

Statistics published by HMRC have revealed that Capital Gains Tax (CGT) revenue fell by 18% in the 2023/24 tax year.

28 Jul 2025

IFS calls for 'decisive action' to future-proof pension system

The Institute for Fiscal Studies (IFS) has called for the government to take 'decisive action' to ensure the pension system is future-proofed for the next generation.

25 Jul 2025

IHT to be charged on unused pension pots from 2027

The government will charge Inheritance Tax (IHT) on unused pension pots and death benefits from April 2027.

24 Jul 2025

Government urged to 'harness optimism to grow economy'

The British Chambers of Commerce (BCC) has called on the government to harness retail investor optimism to help grow the UK economy.

23 Jul 2025

Government publishes Finance Bill supporting documents

The government recently published draft legislation for Finance Bill 2025-26 for consultation.

22 Jul 2025

Pensioners 'set to be worse off', warns DWP

The Department for Work and Pensions (DWP) has warned that pensioners retiring in 2050 are set to be worse off than those retiring today.

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