Business News

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 (IoD) 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 (CBI) 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 (CBI) and the Institute of Directors (IoD), 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.

04 Apr 2018

Businesses urged to publish gender pay gap figures as deadline approaches

The government has urged businesses in the voluntary and private sectors to publish their gender pay gap data ahead of the deadline of midnight on 4 April.

03 Apr 2018

BCC survey suggests UK infrastructure 'less reliable' than five years ago

A survey carried out by the British Chambers of Commerce (BCC) has suggested that UK infrastructure is 'less reliable' for businesses when compared to five years ago.

29 Mar 2018

Confidence amongst small businesses is 'rebounding', says FSB

Confidence amongst UK small firms is 'rebounding', according to a survey carried out by the Federation of Small Businesses (FSB).

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