Business News

02 Oct 2025

Business confidence falls to new record low

Business confidence fell to its lowest level on record in September, driven by concerns over soaring costs, according to a survey conducted by the Institute of Directors (IoD).

01 Oct 2025

Digitally excluded taxpayers urged to consider MTD exemption

The Low Incomes Tax Reform Group (LITRG) is urging taxpayers who cannot manage their tax affairs digitally and are set to begin using Making Tax Digital for Income Tax (MTD for IT) to check whether they are able to claim an exemption.

30 Sep 2025

UK losing £2 billion annually as result of 'Tourist Tax'

Research published by the Association of International Retail (AIR) has revealed that the UK is losing out on nearly £2 billion as a result of the scrapping of VAT breaks for tourists.

29 Sep 2025

More SMEs 'unlocking AI'

35% of small and medium-sized enterprises (SMEs) say they are actively using artificial intelligence (AI) technology ? a rise when compared to 2024's figure of 25%.

26 Sep 2025

Business group says long-term sickness 'blighting' economy

The British Chambers of Commerce (BCC) has warned that long-term sickness is 'blighting' the UK economy and preventing it from growing.

25 Sep 2025

Slowdown in living standards 'so large that families today would be £20,000 richer'

A report carried out by the Resolution Foundation has found that the scale of Britain's living standards slowdown over the last 20 years is so large that families today would be £20,000 richer if incomes had continued at the rate of growth trending in 2005.

24 Sep 2025

Chancellor urged to cut National Insurance but hike Income Tax in Autumn Budget

Chancellor Rachel Reeves has been urged to cut National Insurance contributions (NICs) and increase Income Tax to create a 'level playing field' and protect workers' pay.

23 Sep 2025

AI to boost trade by nearly 40% by 2040 if gaps are bridged

Artificial intelligence (AI) could boost the value of cross-border flows of goods and services by nearly 40% by 2040 thanks to productivity gains and lower trade costs, according to a World Trade Organisation (WTO) report.

22 Sep 2025

Failed housing transactions cost £1.5 billion a year

Failed housing transactions cost consumers and the economy at least £1.5 billion every year, according to research published by Santander.

19 Sep 2025

Bank of England leaves interest rate unchanged

The Bank of England has left interest rates unchanged at 4% as inflation remains nearly twice its target rate.

18 Sep 2025

British household energy debt has tripled in a decade

The number of customers falling behind on energy bills with no repayment plan in place has more than tripled between 2012 and 2024, according to from the Resolution Foundation.

17 Sep 2025

Inflation heaping pressure on firms, warns BCC

UK firms are still under pressure after the annual rate of inflation remained at 3.8% in August, the British Chambers of Commerce (BCC) has warned.

16 Sep 2025

Covid repayment window opens

The government has launched a voluntary repayment scheme to allow recipients of financial Covid support to repay outstanding money they were not entitled to or did not need with 'no questions asked'.

15 Sep 2025

Chancellor to explore reforms to business rates on second premises

Chancellor Rachel Reeves will look at fixing the cliff edges in business rates that can discourage small business investment and growth, according to a report from HM Treasury.