Business News

21 Jul 2025

International companies 'underpaid £8.8 billion in tax'

HMRC estimates that US firms underpaid £8.8 billion in taxes in 2024.

18 Jul 2025

More small firms expect to shrink than grow

The proportion of small firms expecting to contract, sell or close outnumbered the percentage hoping to grow, the Federation of Small Businesses (FSB) has warned.

17 Jul 2025

Recruitment static as firms assess NICs impact

Recruitment at UK firms remained static in the second quarter of 2025 as businesses continued to assess the impact of the rise in employer National Insurance contributions (NICs), says the British Chambers of Commerce (BCC).

16 Jul 2025

Inflation rate jumps to 3.6%

Data published by the Office for National Statistics (ONS) has revealed that the UK inflation rate unexpectedly jumped to 3.6% in the year to June.

15 Jul 2025

UK trade stabilises after tariff hit

The UK's goods exports rose by 3.1% in volume in May, with a 4.2% increase to the EU, led by higher fuels, machinery, transport equipment and other manufactured goods, according to the latest data from the British Chambers of Commerce (BCC).

14 Jul 2025

HMRC warns of Winter Fuel Payment scams

HMRC has issued a warning to be on high alert for scams linked to Winter Fuel Payments after receiving 15,100 reports of bogus activity in June.

11 Jul 2025

UK economy shrank in May

The UK economy shrank in May, according to latest figures from the Office for National Statistics (ONS).

10 Jul 2025

Harsh personal guarantees will chill growth ambitions, warns FSB

Personal guarantees risk holding back the growth the economy needs, the Federation of Small Businesses (FSB) has warned.

09 Jul 2025

HMRC to fine crypto investors £300 for non-disclosure

UK-based holders of cryptoassets will have to provide personal details to crypto service providers or face penalties of up to £300 from HMRC.

08 Jul 2025

IHT on pensions most unpopular of Labour's tax increases

Inheritance Tax (IHT) on pensions is the most unpopular of the tax raising measures introduced by the Labour government during its first year, according to a survey.

07 Jul 2025

HMRC criminal tax offence plan risks going too far, warns CIOT

HMRC plans to introduce a tax avoidance criminal offence risks overreach, the Chartered Institute of Taxation (CIOT) has warned.

04 Jul 2025

Pension reforms risk higher prices, fewer jobs and slower growth, FSB warns

Prospective pension reforms could see small firms raise prices, cut jobs or slash profits, the Federation of Small Businesses (FSB) has warned.

03 Jul 2025

Business confidence rises in June

Business confidence rose in June building on a sharp rebound in May, according to Lloyds Bank's Business Barometer.

02 Jul 2025

More than 25% of UK businesses hit by cyber-attack in past year

More than one in four UK businesses have been the victim of a cyber-attack in the last year, with many risking 'sleepwalking' into disruption, according to a new report.

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