Business News

22 Jul 2024

IHT receipts reached £2.1 billion between April and June, data shows

Data published by HMRC has revealed that inheritance tax (IHT) receipts reached £2.1 billion between April and June 2024.

19 Jul 2024

More than 500,000 individuals caught in 60% tax trap

A Freedom of Information (FOI) request has revealed that over half a million people are paying up to 60% tax on the top portion of their pay.

18 Jul 2024

King's Speech unveils raft of bills designed to 'unlock economic growth'

On Wednesday 17 July King Charles III delivered the 2024 King's Speech at the State Opening of Parliament and announced draft laws which include plans to accelerate housebuilding and roll out 'greater devolution' of decision making to metro mayors and combined authorities in England.

17 Jul 2024

Inflation holds steady at 2%

UK inflation held steady at 2% in June, according to the latest figures from the Office for National Statistics (ONS).

16 Jul 2024

Business group calls for King's Speech to drive investment

The British Chambers of Commerce (BCC) has called for growth to be the focus of the upcoming King's Speech.

15 Jul 2024

HMRC launches VAT Registration Estimator

HMRC has launched a digital tool to help businesses estimate what registering for VAT may mean for them.

12 Jul 2024

UK's economic recovery putting down roots

The UK's economic recovery is finally putting down roots after GDP grew faster than expected in May, says the Confederation of British Industry (CBI).

11 Jul 2024

British Business Bank launches Growth Guarantee Scheme

The British Business Bank has launched the Growth Guarantee Scheme to help smaller businesses access finance.

10 Jul 2024

Business confidence returning to pre-pandemic levels

Data published by the British Chambers of Commerce (BCC) has revealed that business confidence is returning to pre-pandemic levels.

09 Jul 2024

Self assessment payment on account due on 31 July

The second payment on account towards income tax self assessment liabilities and Class 4 national insurance contributions (NICs) for 2023/24 is due by 31 July 2024.

08 Jul 2024

Rachel Reeves named as the UK's first female Chancellor

Rachel Reeves, MP for Leeds West, has been named as the first female chancellor in the UK's history.

05 Jul 2024

Business ready to work in partnership with Labour government

The UK's business groups have pledged to work in partnership with the new Labour government to revitalise the nation's economy.

04 Jul 2024

Business push payment fraud hits £83 million

Authorised push payment (APP) fraud against businesses rose to £83 million last year, according to in the Payment Association's Annual Fraud Report 2024.

03 Jul 2024

Household disposable incomes 'have grown at slow pace since 2010'

Think tank the Resolution Foundation has stated that household disposable incomes have grown at a slow pace since 2010 as a result of 'economic shocks'.

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