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Business News Archive

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October 2025
  • UK could fall behind in net zero race, BCC warns
  • Expert advisory panel to provide industry insight on R&D tax relief
  • Small business owners 'fear consequences of Budget announcements'
  • Budget should tackle hiring issues, says BCC
  • Give State Pension its own PAYE scheme, says LITRG
  • Real Living Wage rates increase for half a million workers
  • Chancellor announces 'blitz on business bureaucracy'
  • UK inflation rate remains at 3.8%
  • Employers named and shamed for minimum wage breaches
  • Chancellor must avoid 'doing bare minimum' in Budget
  • UK will be second-fastest growing G7 economy, IMF predicts
  • UK economy grew 0.1% in August
  • Unemployment rate rises as job vacancies fall
  • Chancellor should use Budget to reform tax system, IFS says
  • HMRC brings in extra £4.6 billion using 'big data' system
  • Countdown to Vaping Products Duty begins
  • Study finds 'increased openness' to using external finance amongst firms
  • New tax avoidance law risks missing target, warns CIOT
  • HMRC to resume taking tax owed by debtors directly from bank accounts
  • Over 750,000 young people yet to claim savings
  • Budget must give UK business a competitive edge
  • Business confidence falls to new record low
  • Digitally excluded taxpayers urged to consider MTD exemption
September 2025
  • UK losing £2 billion annually as result of 'Tourist Tax'
  • More SMEs 'unlocking AI'
  • Business group says long-term sickness 'blighting' economy
  • Slowdown in living standards 'so large that families today would be £20,000 richer'
  • Chancellor urged to cut National Insurance but hike Income Tax in Autumn Budget
  • AI to boost trade by nearly 40% by 2040 if gaps are bridged
  • Failed housing transactions cost £1.5 billion a year
  • Bank of England leaves interest rate unchanged
  • British household energy debt has tripled in a decade
  • Inflation heaping pressure on firms, warns BCC
  • Covid repayment window opens
  • Chancellor to explore reforms to business rates on second premises
  • 'More must be done' to reform Lifetime ISAs
  • Budget Board must focus on easing the cost of doing business, says IoD
  • Four million calls to HMRC unanswered every year, MPs told
  • Changes to 'sugar tax' could damage business confidence
  • Economic outlook remains subdued
  • Lowering VAT threshold would be manifesto breach, warns IPSE
  • Autumn Budget to be delivered on 26 November
  • Companies face prosecution risk as new fraud law comes into force
  • Business confidence rises but concerns over taxes remain
  • Nearly 5,000 scams reported to FCA in first half of 2025
August 2025
  • Unemployment yet to peak, warns think tank
  • HMRC splits advisory fuel rates for electric cars
  • Support more young people into work, says FSB
  • Over 850,000 self employed to be pulled into first phase of MTD
  • Scams warning as self assessment taxpayers targeted
  • Extend Child Benefit for teenagers by the end of August
  • Inflation rises by more than anticipated
  • Homebuyers warned as HMRC clamps down on Stamp Duty claims
  • Uncertainty over IHT changes affecting property market
  • Office return picks up pace but varies across sectors
  • UK economic growth slows to 0.3%
  • HMRC urges families to save money with Tax-Free Childcare
  • UK labour market continues to weaken
  • Hospitality summer jobs down this year
  • Bank of England cuts interest rates to 4%
  • SME exporters hit by new US customs charges
  • Companies House confirms identity verification rollout to help combat fraud
  • Economic confidence plummets to all-time low
  • Crackdown on late payments launched in plan to back small businesses
  • Time for taxpayers to get ready for Making Tax Digital for Income Tax
July 2025
  • SMEs missing out on £2.7 billion in National Insurance savings
  • HMRC launches online PAYE service
  • CGT revenue falls by 18%
  • IFS calls for 'decisive action' to future-proof pension system
  • IHT to be charged on unused pension pots from 2027
  • Government urged to 'harness optimism to grow economy'
  • Government publishes Finance Bill supporting documents
  • Pensioners 'set to be worse off', warns DWP
  • International companies 'underpaid £8.8 billion in tax'
  • More small firms expect to shrink than grow
  • Recruitment static as firms assess NICs impact
  • Inflation rate jumps to 3.6%
  • UK trade stabilises after tariff hit
  • HMRC warns of Winter Fuel Payment scams
  • UK economy shrank in May
  • Harsh personal guarantees will chill growth ambitions, warns FSB
  • HMRC to fine crypto investors £300 for non-disclosure
  • IHT on pensions most unpopular of Labour's tax increases
  • HMRC criminal tax offence plan risks going too far, warns CIOT
  • Pension reforms risk higher prices, fewer jobs and slower growth, FSB warns
  • Business confidence rises in June
  • More than 25% of UK businesses hit by cyber-attack in past year
  • Individuals paying into Lifetime ISA 'could get less out than put in'
June 2025
  • High earners facing rise in tax investigations by HMRC
  • Windsor Framework starting to fracture the UK Internal Market, warns FSB
  • HMRC sends side hustle warning
  • Brits 'spending more disposable income than a year ago'
  • UK government launches Industrial Strategy
  • Tax gap estimated at 5.3%
  • Bank of England holds interest rates at 4.25%
  • Third of businesses planning job cuts due to NI rise
  • UK inflation slows to 3.4% in May
  • HMRC system attack is a timely reminder to keep personal data safe
  • Global economy set for weakest run since 2008, warns World Bank
  • Economists warn tax hikes likely in the autumn
  • UK economy shrunk in April
  • Spending review is opportunity to back small business
  • FCA in international crackdown on unlawful finfluencers
  • Energy costs 'an anchor on our ambition', warns CBI chief
  • Government introduces Pension Schemes Bill
  • Cost of minimum retirement lifestyle has fallen amid lower energy prices
  • Recovery in business confidence underway
  • IFS outlines 'four big decisions' for Spending Review
  • HMRC names and shames employers failing to pay NLW
May 2025
  • Chancellor outlines pension 'megafunds' plans
  • New report outlines path to cut firms' net zero costs
  • IMF updates growth forecast for UK economy
  • Household Support Fund 'needs reforming'
  • Higher borrowing figures 'increase prospect of tax rises'
  • Chancellor confirms ISA allowance won't be cut
  • Household bills drive inflation increase
  • Almost half of sole traders unprepared for MTD changes
  • One in ten people have no cash savings
  • Parents of teens reminded to extend Child Benefit claim online
  • UK economy grows 0.7% in first quarter
  • Entrepreneurs considering selling businesses due to tax changes
  • One in four employers plan to make redundancies in next quarter
  • Record numbers file assessment in first week of new tax year
  • Interest rates cut to 4.25%
  • HMRC criticised for delays in processing tax refunds
  • Business confidence rises to highest level since late 2024
  • Government warned over 'lost generation'
  • HMRC launches new online help for compliance checks
  • New cryptoasset rules aim to protect consumers
April 2025
  • Lack of trust and board expertise putting brakes on AI adoption
  • Chancellor unveils plans to maintain level playing field for British business
  • IHT receipts reach record £8.2 billion
  • Government taking right approach to tariff negotiations
  • Sole traders and landlords get Making Tax Digital warning
  • Tax red tape costs small businesses nearly £25 billion a year
  • More parents financing children's house deposits
  • Business confidence falls to two-year low
  • Inflation falls as result of lower petrol prices
  • Companies House begins to verify identities
  • Spending Review 'could brighten living standards outlook'
  • Business group welcomes launch of Code of Practice
  • Price rises 'most likely response' to US tariffs
  • Pension reforms needed to help people through retirement
  • Government calls time on red tape for pubs, clubs, and restaurants
  • UK firms show 'resilience' as exports grow in January
  • Confidence amongst business leaders 'remains low'
  • Loan charge review calls for evidence
  • Minimum wage rose on 1 April
  • Campaigners call for tougher action on fraud
March 2025
  • Employment reforms continue to stifle businesses' hiring intentions
  • Government 'wrong to balance books on backs of low-income families'
  • Chancellor used Spring Statement to 'fine-tune' spending plans
  • No further tax increases in Spring Statement
  • 2025 Spring Statement - the political reaction
  • 2025 Spring Statement - the business reaction
  • 2025 Spring Statement - the economic picture
  • 2025 Spring Statement - what to expect
  • Finance Act 2025 receives Royal Assent
  • Act now to boost your state pension, warn tax experts
  • Bank walking 'tightrope' in the face of global uncertainty
  • Chancellor should consider tax rises in the Spring Statement
  • OECD cuts UK growth forecasts
  • Chancellor unveils plan to cut red tape
  • Regulator poised to act on card payment fees
  • UK economy shrank in January
  • Government must tackle 'archaic' infrastructure
  • Side hustle trading threshold raised to £3,000 per year
  • Concerns over costs mount for business leaders
  • 25,000 first-time buyers set to miss Stamp Duty deadline
  • Chancellor has set herself a 'fiscal trap' ahead of Spring Statement
  • Employment Rights amendments do little to address employer concerns
  • Private sector activity expected to fall
  • HMRC 'softens' deadline for National Insurance top-ups
  • Workers 'put in £31 billion of unpaid overtime' in 2024
February 2025
  • Changes in family spending 'crucial to decarbonisation'
  • Gender pay gap 'stubbornly high'
  • Businesses warn of National Insurance 'powder keg'
  • Entrepreneurs call for better access to financial products
  • Tax receipts rise at slower than expected pace
  • Fewer small firms looking to hire, FSB finds
  • HMRC cuts late and repayment interest rates
  • Higher-than-expected inflation underlines business challenges
  • Business confidence hits post-Covid low
  • Government consults on mandatory e-invoicing
  • Small firms call for £3,000 apprentices incentive
  • UK economy grows at end of 2024
  • Business group urges government to help firms grow
  • Business tax compliance costs £15 billion a year
  • Firms face increasing cyber security risk, warns BCC
  • Rate cut brings 'measure of relief' to business
  • £35 million added to State Pension pots
  • Firms call for reduction in tax burden on business
  • 11.5 million file self assessment by 31 January deadline
  • British household wealth increases to £13.6 trillion
January 2025
  • Trade strategy 'prize is huge', says BCC
  • Pension reforms to 'unlock billions' in government growth agenda
  • UK firms expecting slowdown, CBI finds
  • Government commissions review of Loan Charge
  • Consumer confidence falls to lowest point in over a year
  • 3.4 million still to file self assessment returns as deadline approaches
  • Parliamentary watchdog accuses HMRC of 'degrading' phone services
  • Data reveals exports fell flat at end of 2024
  • IMF upgrades UK outlook
  • Flexibility in English and Maths rules would increase take up of apprenticeships
  • Business group outlines pro-growth measures
  • UK economy returns to growth in November
  • UK inflation dips to 2.5% in December
  • Government to 'unleash' AI to boost growth
  • CIOT calls on government to rewrite unfair VAT rules
  • Optimism wanes as Budget measures affect investment
  • 92% of employers 'concerned about Employment Rights Bill'
  • Significant amount of businesses worried about tax hikes
  • 5.4 million yet to file their self assessment tax return
  • Business leaders remain cautious on the outlook for the year ahead
  • Government must reset EU trade relations, urges BCC
  • Over 40,000 file self assessment over the Christmas break
December 2024
  • Have you made your financial New Year's resolutions?
  • Don't forget to file your self assessment tax return
  • Insurer issues Christmas scams warning
  • More entrepreneurs needed 'to unlock opportunities'
  • £1.31 billion paid in Stamp Duty in November
  • UK interest rates held at 4.75%
  • Economic slowdown affecting employment
  • Spring Forecast to take place in March
  • HMRC urged to improve low resolution rates
  • Cash usage on the rise for second successive year
  • UK economy shrinks for second month in a row
  • Chancellor must 'confront range of challenges' in Spending Review
  • HMRC urges self assessment taxpayers to spread the cost
  • Number of taxpayers caught in 60% 'tax trap' rises
  • Public funds fraud cost taxpayers £81 billion
  • No tax changes for online sellers
  • Interest rates 'set to be higher for longer'
  • Cyber-attacks cost UK businesses £44 billion in last five years
  • Small businesses counting the cost of potholes
  • Optimism amongst business leaders 'approaching Covid lows'
November 2024
  • Business groups respond to Get Britain Working white paper
  • CBI calls for action to 'turbocharge growth'
  • Scams warning issued as self assessment deadline looms
  • BCC calls for industrial strategy that benefits all parts of UK
  • Intergenerational transfers 'having profound impact on people's economic prospects'
  • HMRC late payment interest cut by 0.25%
  • Retailers write to Chancellor over Autumn Budget measures
  • Higher energy bills push UK inflation to 2.3%
  • Pension reforms 'must unlock growth'
  • Permanent business rate cut for high street on the way
  • UK growth slowed in third quarter of this year, data shows
  • Customs procedures 'still holding back UK exports', survey finds
  • Hybrid working the 'new normal' for a quarter of adults
  • More than 400,000 student loan customers use digital refund service
  • Business frustrated at halt in rollout of digital trade platform
  • Interest rates cut to 4.75%
  • Almost half of UK adults have not written a will
  • Government bank referral scheme 'secured loans for just one in 20 companies'
  • Employer NICs rise may have unforeseen consequences
  • Chancellor's Budget tax increases 'will boost growth sustainably', says IMF
  • Budget 'first step of what's needed to lift living standards', says think tank

31 Oct 2025

UK could fall behind in net zero race, BCC warns

The British Chambers of Commerce (BCC) has warned that the UK could fall behind in the race to achieve net zero.

30 Oct 2025

Expert advisory panel to provide industry insight on R&D tax relief

HMRC recently appointed six independent industry specialists to a new Research and Development (R&D) Expert Advisory Panel.

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