Economic growth adversely affected by ‘shrinking workforce’, committee warns A report published by the Business, Energy and Industrial Strategy (BEIS) Committee has warned that the UK’s shrinking workforce is Read More
UK economy is ‘back on the right track’, says Chancellor Chancellor Jeremy Hunt has stated that the UK economy is ‘back on track’, and that his economic growth strategy was Read More
2023 Spring Budget – the business reaction Business groups have reacted to Chancellor Jeremy Hunt’s Spring Budget speech. The Confederation of British Industry (CBI) branded the Budget Read More
National insurance threshold rises to £12,750 The level at which people start paying national insurance has risen from £9,880 to £12,570, effective from 6 July. Read More
Old Paper £20 and £50 notes to be withdrawn from circulation by end of September The Bank of England (BoE) has reminded the public that it will be withdrawing the legal tender status of paper Read More
Inflation hits 40-year high of 9.1% amid cost-of-living crisis UK inflation has risen to 9.1% in May from 9% in April as the cost-of-living crisis continues, according to the Read More
Inflation hits 40-year high of 9% Inflation has hit its highest level in 40 years amid the deteriorating cost-of-living crisis, according to the latest figures from Read More
Charity warns lowest income households will wait longest for council tax rebate National Energy Action (NEA) has warned that the poorest households in the UK will wait the longest for the government’s Read More
1 in 3 business owners suffered COVID-related mental health decline Research carried out by the Federation of Small Businesses (FSB) has found that 34% of small business owners had their Read More
Number of firms in critical financial distress rises sharply A growing number of UK businesses are at risk of going under as costs spiral and COVID loan repayments become Read More