Business News

Chancellor 'will need to increase taxes or borrowing' at Budget, says IFS

The Institute for Fiscal Studies (IFS) has warned Chancellor Rachel Reeves that she will need to increase taxes or borrowing at the Autumn Budget if she is to fulfil her commitments to increasing investment spending and funding public services.

11 Oct 2024

Budget will be 'pivotal moment' for new government

The Autumn Budget will be a 'pivotal moment' for the new Labour government as it aims for sustainable economic growth, says the Confederation of British Industry (CBI).

10 Oct 2024

Chancellor must tackle barriers to growth in Budget

Chancellor Rachel Reeves must tackle barriers to growth in the Autumn Budget, says the Federation of Small Businesses (FSB).

09 Oct 2024

'Strong case for capital gains tax reform', says IFS

The Institute for Fiscal Studies (IFS) has stated that there is a 'strong case' for reform of capital gains tax (CGT).

08 Oct 2024

UK Finance urges government to deliver economic growth in Budget submission

Trade association UK Finance has called on the government to deliver economic growth in the upcoming Autumn Budget.

07 Oct 2024

Bank of England hints interest rates could fall more quickly

The Bank of England has suggested that it could cut interest rates more quickly.

04 Oct 2024

New Growth and Skills Levy must end 'cycle of failure'

The new Growth and Skills Levy must end the 'cycle of policy failure' in addressing Britain's chronic skills shortages, according to the Resolution Foundation.

03 Oct 2024

Business confidence fell in September, data reveals

Confidence amongst UK businesses fell in September, data published by the Institute of Directors (IoD) has revealed.

02 Oct 2024

New tipping law comes into force

Businesses have been banned from withholding tips or service charges from their staff under new rules that come into force on 1 October.

01 Oct 2024

Government cracks down on late payments

The government has announced a crackdown on late payments to small businesses and the self-employed.

30 Sep 2024

Government announces apprenticeship reforms

The government has announced an overhaul of the UK's apprenticeship system.

27 Sep 2024

UK economic growth 'robust' in 2024, think tank says

The UK has risen in the rankings of the G7 group of nations to have the joint-second highest economic growth for this year, according to the Organisation for Economic Co-operation and Development (OECD).

26 Sep 2024

Young people reminded to reclaim government savings

Over half a million young people are yet to lay claim to Child Trust Funds worth an average of £2,212, HMRC has said.

25 Sep 2024

Chancellor hits the right notes in Conference speech

Chancellor of the Exchequer Rachel Reeves hit the right notes in her speech to the Labour Party conference, says the Confederation of British Industry (CBI).

24 Sep 2024