Business News

24 Apr 2018

Cost of Brexit 'divorce bill' still unclear, says NAO

The National Audit Office (NAO) has stated that the final cost of the UK's Brexit 'divorce bill' remains 'uncertain'.

23 Apr 2018

Men ‘getting better state pension deal’ than women, research suggests

Research carried out by Which? has suggested that men get a ‘better state pension deal’ than women, with men receiving almost £29,000 more than women over the course of an average 20-year retirement.

20 Apr 2018

Many businesses 'not seeing improvements in UK mobile network', states BCC

The British Chambers of Commerce (BCC) has stated that a significant number of UK businesses are 'not seeing improvements' in the UK's mobile network.

19 Apr 2018

Think tank proposes creation of a 'wealth fund' to address wealth inequality

The Institute for Public Policy Research (IPPR) has proposed the creation of a new wealth fund to help address 'growing wealth inequality'.

18 Apr 2018

Wage growth rate overtakes inflation for 'first time in a year', official figures reveal

Figures published by the Office for National Statistics (ONS) have revealed that the UK's wage growth rate rose at a faster pace than inflation during the three months to February.

17 Apr 2018

OTS calls for 'urgent review' into how UK tax system affects businesses

In a new report, the Office of Tax Simplification (OTS) has called for the government to carry out 'urgent work' in order to simplify the business tax system for UK firms.

16 Apr 2018

Growth in UK economy slow 'despite export boost'

A survey carried out by the British Chambers of Commerce (BCC) has showed that although export sales increased in the first quarter of 2018, the UK's overall economic growth was 'subdued'.

13 Apr 2018

Confidence in UK economy has 'returned to positive figures', IoD finds

Business leaders' confidence in the UK economy has 'returned to positive figures', and has risen to its highest level since Article 50 was triggered, a survey carried out by the Institute of Directors has found.

12 Apr 2018

CBI warns of cost rises if UK strays from EU regulations

In a new report, the Confederation of British Industry has warned the government that costs could rise for businesses if the UK were to diverge from EU regulations.

11 Apr 2018

Proposals for making UK 'best place in world to do business' outlined by taskforce

The Small Business Taskforce has outlined a series of recommendations with the stated aim of ensuring that the UK remains 'one of the best places in the world to start and grow a business'.

10 Apr 2018

Changes to termination payments could increase employer tax liability

Recent changes to payments in lieu of notice (PILONs) could mean further tax is due from employers when employees leave.

09 Apr 2018

Business groups call for 'urgent reform' of Apprenticeship Levy

Business groups, including the Confederation of British Industry and the Institute of Directors have called for the government to reform its Apprenticeship Levy initiative, as experts warn that the scheme could cost UK businesses ‘millions’.

06 Apr 2018

New business and tax measures take effect

As the 2018/19 tax year commences, a handful of new business and tax measures have come into effect, some of which are outlined below.

05 Apr 2018

Government publishes 'sugar tax' guidance ahead of its introduction on 6 April

Ahead of its introduction on 6 April, the government has published guidance on how to pay the so-called 'sugar tax' and file Soft Drinks Industry Levy returns.

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