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Trump unveils sweeping industry tariffs
Pharma, trucks and furniture face significant import levies.
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The latest tax, employment, business and economic news affecting firms and individuals alike. Updated each day.
UK economy stagnates for second consecutive month
Economic slowdown persists, defying growth predictions.Issues remain for student loan self assessment taxpayers
HMRC says it is still working on fixing overpayments.National living wage set to increase in 2025
Low-paid workers projected a 5.8% wage increase.Government scraps British ISA
Savings plan discontinued over complexity concerns.Companies House to replace Government Gateway
New single sign-in system for all Companies House accounts.Minimum wage increases planned for 2025
Age-based wage gap is to be gradually removed.Government scraps British ISA plan
Concerns over market complexity led to the decision.Non-dom exodus feared due to tax reforms
UK faces potential loss in tax revenue as non-doms exit.HMRC clarifies the higher rate for SDLT refunds
Guidance released on refunds after house sales.Government extends support for vulnerable households
£421m boost for local authorities in England.