Business news
The latest tax, employment, business and economic news affecting firms and individuals alike. Updated each day.
Maximum council tax hikes imminent
Most English councils to raise council tax by 4.99%.Record long-term sickness could harm economy
UK’s workforce is 700,000 smaller than pre-Covid levels.UK enters recession amid economic challenges
GDP falls by 0.3%.HMRC cautions self-assessment customers against scammers
There has been a 14% increase in suspicious contacts.UK annual inflation remains stable at 4%
Food and furniture costs ease.ICAEW issues manifesto ahead of Spring Budget
Recommendations will “promote economic renewal”.Government to aid SMEs with updated initiatives
Help to Grow and Small Business Council to boost SMEs.Hunt responds to labour market statistics
Real wage growth remains positive.UK sees record company formations in 2023
Over 900,000 new companies created.Landlord mortgage arrears double within a year
Rise attributed to elevated mortgage rates.