Business news
UK firms cut jobs amid higher taxes
Employers warn NICs rise is hitting growth and pay.
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The latest tax, employment, business and economic news affecting firms and individuals alike. Updated each day.
Spring Budget 2024: Business news
Chancellor raises VAT thresholds and invests in growing industries.Spring Budget 2024: Expectations
National Insurance set to be cut by a further 2%.Companies House launches new powers to fight fraud
Introduction of powers aims to reduce strain on businesses.Manufacturing and R&D to receive £360m boost
Funding aims to drive economic growth.UK house prices rise as interest rates fall
Average house price increased by 1.2% compared to last year.Service standards at HMRC continue to decline
PAC calls for significant improvements to service levels.MTD for ITSA: Sole traders and landlords face £320 setup cost
HMRC estimates taxpayers’ initial and ongoing expenses.UK recovering from mild recession
GDP fell by 0.3% but recovery fuels optimism.UK banks close over 140,000 SME accounts
New figures indicate a concerning trend in the banking sector.HMRC launches review on its enquiry powers
Critics demand simpler HMRC powers and penalty systems.