Business News

This section contains the latest business news stories.

06 Dec 2021

Rising inflation could push family spend up £1,700 a year

A typical UK family will spend £1,700 more per year on household costs in 2022, according to a forecast for BBC Panorama.

03 Dec 2021

FCA urges banks to free 'mortgage prisoners'

Banks and building societies have been urged to consider changes to lending criteria to help so-called 'mortgage prisoners'.

02 Dec 2021

Government responds to OTS report on CGT

As part of its Tax Administration and Maintenance (TAM) Day, the government responded to a two-part review of capital gains tax (CGT) published by the Office of Tax Simplification (OTS).

01 Dec 2021

Government sets out tax details on TAM Day

The UK government has marked the inaugural Tax Administration and Maintenance (TAM) Day with the release of 30 papers covering a wide range of tax issues.

30 Nov 2021

Services sector continues to recover despite rising costs

Optimism improved for firms across the services sector in the three months to November, according to the latest Service Sector Survey from the Confederation of British Industry (CBI).

29 Nov 2021

Third of UK manufacturers struggling with debt and rising costs, research suggests

Research carried out by manufacturers' organisation Make UK has suggested that more than a third of manufacturers in the UK are struggling with rising costs, debt and business red tape.

26 Nov 2021

House sales drop dramatically after stamp duty holiday ends

House sales in the UK plummeted by more than half in October after the stamp duty holiday ended.

25 Nov 2021

Data requests 'costing businesses thousands each year', research suggests

An analysis carried out by the Data Privacy Group has revealed that UK businesses are spending between £72,000 and £336,000 per year handling data subject access requests (DSARs).

24 Nov 2021

PM announces electric vehicle revolution

New homes and buildings such as supermarkets and workplaces, as well as those undergoing major renovation, will be required to install electric vehicle charge points from next year, under new legislation announced by Prime Minister Boris Johnson.

23 Nov 2021

Taxpayers warned over refund companies

Self assessment taxpayers should keep their Government Gateway login details safe from tax refund companies, the Low Incomes Tax Reform Group (LITRG) has warned.

22 Nov 2021

Customs Declarations from EU changing on 1 January

HMRC has warned business that Customs Declarations on imports from the EU will change once again at the start of next year.

19 Nov 2021

Jobs recovery continues despite end of furlough

There were 160,000 more workers on payrolls in October than in September despite the end of the furlough scheme, according to the latest figures from the Office for National Statistics (ONS).

18 Nov 2021

Three-day wait for Statutory Sick Pay to return next year

The standard three-day waiting time for Statutory Sick Pay (SSP) will be reinstated for coronavirus (COVID-19)-related claims from 25 March 2022, unless the government intervenes.

17 Nov 2021

HMRC issues warning on self assessment scams

HMRC has warned taxpayers completing their 2020/21 tax returns to 'be on their guard' and stay vigilant in regard to tax-related scams.

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