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.
Falling petrol prices cause inflation to fall to 7.9%
Inflation reaches lowest point in over a year.Four in ten taxpayers unable to speak to adviser over phone
Taxpayer satisfaction with HMRC services falls.Interest rate rises deliver biggest wealth fall for households since World War II
High rates could end 40-year wealth boom.UK economy remains on shaky ground
GDP falls by 0.1% in May.R&D tax relief crackdown allegedly deterring genuine claims
Valid claims are apparently being rejected by HMRC.Record wage growth not fast enough to beat inflation
Wage growth nevertheless fuels inflation fears.Chancellor aims to boost pension funds by £1,000 a year
Announcement part of wider pension reforms.Alcohol duty system changes from next month
All alcoholic drinks to be taxed based on ABV.Business confidence falls in June
Directors cite stubborn inflation as their main concern.CIOT: R&D crackdown deters legitimate claims
Current ‘volume compliance’ approach does not work.




