Business news
The latest tax and business news, updated daily
You’re right to be looking for resources to keep yourself informed so you can run your business better.
Our daily business news is curated with you in mind. You’ll find the latest economic updates, Government announcements and tax consultations. You’ll also find sector-specific stories and developments, as well as summaries of press releases from the Government and HMRC. Keep yourself in the loop with the world of business, tax and economics.
Bank rate remains unchanged at 5.25%
BoE MPC vote to maintain current rate by 6-3.UK wage growth slows, job market stalls
Despite slowdown, wage growth still outpaces inflation.UK economy contracts more than anticipated in October
Higher interest rates and severe weather blamed for economic downturn.HMRC discontinues tax clearance for MVLs
Clearance service withdrawn with immediate effect.House prices expected to dip by 1% in 2024
Rightmove advises sellers to be mindful of pricing strategies.UK economy faces stagnation until 2025
Multiple challenges contributing to subdued growth.FSB joins forces with BoE to safeguard SMEs against counterfeit notes
Cash payments set to surge over the Christmas period.Manufacturing output declines in three months to November
Industry trends survey showed that production fell to -17%.Self-assessment threshold increased to £150,000
From 2024/25, PAYE income over £150,000 is exempt.One in four Brits borrow money over Christmas.
Brits set to borrow £14 million this festive season.