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Business News

This section contains the latest business news stories.

23 Jan 2025

Parliamentary watchdog accuses HMRC of 'degrading' phone services

Parliament's spending watchdog has accused HMRC of deliberately running down its phone services to force people to use its digital services, according to a report.

22 Jan 2025

Data reveals exports fell flat at end of 2024

Data published by the Office for National Statistics (ONS) recently showed that UK exports fell flat towards the end of last year.

21 Jan 2025

IMF upgrades UK outlook

The International Monetary Fund (IMF) has upgraded its growth forecast for the UK economy this year.

20 Jan 2025

Flexibility in English and Maths rules would increase take up of apprenticeships

Almost threequarters of UK business say they should be able to decide whether adult apprentices should be required to undertake English and Maths qualifications, according to a recent poll by the Institute of Directors (IoD).

17 Jan 2025

Business group outlines pro-growth measures

The Federation of Small Businesses (FSB) has proposed a set of pro-growth measures to some of the UK's leading regulators.

16 Jan 2025

UK economy returns to growth in November

The UK economy grew for the first time in three months, driven in part by a boost in trade for pubs and restaurants, according to the Office for National Statistics (ONS).

15 Jan 2025

UK inflation dips to 2.5% in December

UK inflation dipped in December for the first time in three months, according to the latest data from the Office for National Statistics (ONS).

14 Jan 2025

Government to 'unleash' AI to boost growth

Prime Minister Keir Starmer has indicated that the government intends to use Artificial Intelligence (AI) to help boost UK growth.

13 Jan 2025

CIOT calls on government to rewrite unfair VAT rules

The Chartered Institute of Taxation (CIOT) is calling on the government to address unfair tax rules as interest rates on late payments rise.

10 Jan 2025

Optimism wanes as Budget measures affect investment

A survey carried out by the Confederation of British Industry (CBI) has revealed that optimism in the UK financial services sector fell at its quickest pace since September 2022.

09 Jan 2025

92% of employers 'concerned about Employment Rights Bill'

A survey carried out by the Federation of Small Businesses (FSB) has suggested that nine in ten small employers have concerns about measures included in the Employment Rights Bill.

08 Jan 2025

Significant amount of businesses worried about tax hikes

Data published by the British Chambers of Commerce (BCC) has revealed that 63% of businesses are concerned about tax hikes, including the rise in employers' National Insurance Contributions (NICs).

07 Jan 2025

5.4 million yet to file their self assessment tax return

With less than a month to go, 5.4 million taxpayers still need to complete their self assessment tax return to avoid penalties, HMRC has warned.

06 Jan 2025

Business leaders remain cautious on the outlook for the year ahead

Business leader optimism rose slightly in December but remains at a low point, according to the Institute of Directors' (IoD) latest Economic Confidence Index.

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