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Business News

19 Aug 2022

Tax-Free Childcare to ease parental costs as kids return to school

As millions of children go back to school this autumn, HMRC is reminding families to not miss out on up to £2,000 a year towards their child's wraparound care.

18 Aug 2022

Energy firms call for windfall tax to be scrapped by 2025

Trade body Offshore Energies UK (OEUK) has stated that the Energy Profits Levy, also known as the 'windfall tax', on UK energy firms should be scrapped by 2025 or it could risk having a 'detrimental impact' on investment in the sector.

17 Aug 2022

Data reveals inflation hit 10.1% in the 12 months to July

Data published by the Office for National Statistics (ONS) has revealed that the rate of inflation hit 10.1% in the 12 months to July 2022, up from 9.4% in June.

16 Aug 2022

COVID should be classed as an occupational disease, says TUC

Ministers should urgently classify COVID-19 as an occupational disease to prompt employers to reduce the risk of exposure and help workers access key benefits, according to a report by the Trades Union Congress (TUC).

15 Aug 2022

Student loan interest rates slashed for second time amid cost-of-living crisis

Student loan interest rates in England and Wales are set to be cut for a second time to protect borrowers from rising inflation amid the cost-of-living crisis.

12 Aug 2022

Rising energy prices 'greatest test for SMEs'

Over half of small and medium-sized enterprise (SME) owners say rising fuel and energy costs threaten their business's survival, according to a survey published by insurance broker Simply Business.

11 Aug 2022

HMRC takes record £14 billion in capital gains tax

Official data has revealed that HMRC took a record £14 billion in capital gains tax (CGT) in the 2020/21 financial year.

10 Aug 2022

Prime Minister must act now on cost of living, warns CBI

Prime Minister Boris Johnson must act immediately in order to help his successor manage the cost-of-living crisis, the Confederation of British Industry (CBI) has warned.

09 Aug 2022

Government launches new fraud squad

The government has launched a new 'fraud squad' to identify fraud committed against the public purse.

08 Aug 2022

Pension anti-scam strategy unveiled as cost-of-living crisis continues

A new scam-fighting plan from The Pensions Regulator (TPR) aims to protect savers as the cost-of-living crisis may leave them potentially more vulnerable to scammers.

05 Aug 2022

BoE warns of recession as it raises interest rates again

The Bank of England (BoE) has warned that the UK will go into recession later this year as it raised interest rates for the sixth consecutive time.

04 Aug 2022

HMRC sends Marriage Allowance reminder

HMRC is reminding married couples and people in civil partnerships to sign up for Marriage Allowance for extra cash.

03 Aug 2022

Private sector activity at a standstill, warns CBI

Private sector activity is at a standstill as rising prices continue to take their toll, the Confederation of British Industry (CBI) has warned.

02 Aug 2022

Recovery Loan Scheme to be relaunched

The Recovery Loan Scheme (RLS) will be relaunched during August 2022 as the government aims to continue supporting recovering small businesses.

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