Business News

13 Feb 2025

UK economy grows at end of 2024

The UK economy grew by 0.1% in the final quarter of 2024, according to the latest data from the Office for National Statistics (ONS).

12 Feb 2025

Business group urges government to help firms grow

The British Chambers of Commerce (BCC) has urged the government to help firms grow and 'get Britain thriving'.

11 Feb 2025

Business tax compliance costs £15 billion a year

An increasingly complex tax system is costing UK businesses an estimated £15.4 billion a year in compliance, according to a report from the National Audit Office (NAO).

10 Feb 2025

Firms face increasing cyber security risk, warns BCC

UK businesses face increased cyber security risks without stronger engagement with government, the British Chambers of Commerce (BCC) has warned.

07 Feb 2025

Rate cut brings 'measure of relief' to business

Businesses will get a 'measure of relief' after interest rates were cut by the Bank of England, the British Chambers of Commerce (BCC) said.

06 Feb 2025

£35 million added to State Pension pots

People plugging gaps in their National Insurance contributions (NICs) have added £35 million to their State Pensions since last April, according to figures from HMRC.

05 Feb 2025

Firms call for reduction in tax burden on business

A survey carried out by the Institute of Directors (IoD) has revealed that a significant number of UK firms want a reduction in the tax burden on business.

04 Feb 2025

11.5 million file self assessment by 31 January deadline

More than 11.5 million taxpayers beat the self assessment deadline to file their tax return for the 2023/24 tax year by 31 January and avoid a £100 late filing penalty, according to HMRC's data.

03 Feb 2025

British household wealth increases to £13.6 trillion

Data published by the Wealth and Assets Survey (WAS) has showed that British household wealth hit a record high of £13.6 trillion in the two years to March 2022.

31 Jan 2025

Trade strategy 'prize is huge', says BCC

If the government gets its trade strategy right the 'prize is huge', the British Chambers of Commerce (BCC) has said.

30 Jan 2025

Pension reforms to 'unlock billions' in government growth agenda

New rules will give more flexibility over how occupational defined benefit pension schemes are managed, according to the government.

29 Jan 2025

UK firms expecting slowdown, CBI finds

UK firms are expecting to reduce both output and hiring this quarter, according to a survey conducted by the Confederation of British Industry (CBI).

28 Jan 2025

Government commissions review of Loan Charge

The government has commissioned an independent review of the Loan Charge.

27 Jan 2025

Consumer confidence falls to lowest point in over a year

Confidence amongst consumers in the UK economy has fallen to its lowest point in over a year, according to data published by market research firm GfK.

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