Business News

24 Sep 2025

Chancellor urged to cut National Insurance but hike Income Tax in Autumn Budget

Chancellor Rachel Reeves has been urged to cut National Insurance contributions (NICs) and increase Income Tax to create a 'level playing field' and protect workers' pay.

23 Sep 2025

AI to boost trade by nearly 40% by 2040 if gaps are bridged

Artificial intelligence (AI) could boost the value of cross-border flows of goods and services by nearly 40% by 2040 thanks to productivity gains and lower trade costs, according to a World Trade Organisation (WTO) report.

22 Sep 2025

Failed housing transactions cost £1.5 billion a year

Failed housing transactions cost consumers and the economy at least £1.5 billion every year, according to research published by Santander.

19 Sep 2025

Bank of England leaves interest rate unchanged

The Bank of England has left interest rates unchanged at 4% as inflation remains nearly twice its target rate.

18 Sep 2025

British household energy debt has tripled in a decade

The number of customers falling behind on energy bills with no repayment plan in place has more than tripled between 2012 and 2024, according to from the Resolution Foundation.

17 Sep 2025

Inflation heaping pressure on firms, warns BCC

UK firms are still under pressure after the annual rate of inflation remained at 3.8% in August, the British Chambers of Commerce (BCC) has warned.

16 Sep 2025

Covid repayment window opens

The government has launched a voluntary repayment scheme to allow recipients of financial Covid support to repay outstanding money they were not entitled to or did not need with 'no questions asked'.

15 Sep 2025

Chancellor to explore reforms to business rates on second premises

Chancellor Rachel Reeves will look at fixing the cliff edges in business rates that can discourage small business investment and growth, according to a report from HM Treasury.

12 Sep 2025

'More must be done' to reform Lifetime ISAs

The Treasury Committee has stated that the government has 'not heeded warnings' that the Lifetime ISA requires reform.

11 Sep 2025

Budget Board must focus on easing the cost of doing business, says IoD

The government's Budget Board must focus on easing the cost of doing business, says the Institute of Directors (IoD).

10 Sep 2025

Four million calls to HMRC unanswered every year, MPs told

MPs were recently told that four million calls to HMRC go unanswered each year, risking 'undermining compliance and the government's revenue targets'.

09 Sep 2025

Changes to 'sugar tax' could damage business confidence

UK soft drinks producers have warned Chancellor Rachel Reeves that proposed changes to the Soft Drinks Industry Levy will damage business confidence and have 'severe economic consequences for the industry'.

08 Sep 2025

Economic outlook remains subdued

The overall outlook for the UK economy remains subdued despite an upgrade to its forecast, says the British Chambers of Commerce (BCC).

05 Sep 2025

Lowering VAT threshold would be manifesto breach, warns IPSE

Lowering the threshold at for VAT registration would breach Labour's manifesto, IPSE, the Self-Employed Association has warned.

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