Business News

This section contains the latest business news stories.

23 Jul 2019

UK economy 'may have already entered recession'

There is a one-in-four chance that the UK economy has already 'stalled and entered recession', according to research carried out by the National Institute of Economic and Social Research (NIESR).

22 Jul 2019

Many firms 'support extension of pensions auto-enrolment', CBI finds

Research carried out by the Confederation of British Industry (CBI) and insurer Scottish Widows has revealed that many UK businesses would like to see the pensions auto-enrolment scheme made available to more workers.

19 Jul 2019

Public borrowing 'could double in 2020 as result of no-deal Brexit', OBR cautions

The Office for Budget Responsibility (OBR) has warned that public borrowing could double next year if the government fails to secure a Brexit deal.

18 Jul 2019

Fraud 'costing UK businesses £130 billion each year', report suggests

A report published by the Centre for Counter Fraud Studies at the University of Portsmouth has suggested that fraud costs UK businesses £130 billion each year.

17 Jul 2019

Wage growth 'accelerates to highest rate since financial crisis'

Data published by the Office for National Statistics (ONS) has revealed that UK wage growth increased to 3.6% in the year to May 2019 - representing the highest rate since the financial crisis in 2008.

16 Jul 2019

HMRC urges firms to register for MTD for VAT before August

HMRC is urging businesses to register for Making Tax Digital for VAT (MTD for VAT) before the 7 August VAT filing date.

15 Jul 2019

Research suggests women 'save just a third of amount men do' for retirement

Research carried out by the Pensions Policy Institute (PPI) has suggested that, by the time they come to retire, women have saved just a third of the amount that men have for later life.

12 Jul 2019

Government publishes Finance Bill 2019-20 draft legislation

The government has published draft legislation for Finance Bill 2019-20.

11 Jul 2019

OTS outlines alterations to IHT system

In a new report, the Office of Tax Simplification (OTS) has outlined a series of recommendations designed to 'simplify the UK's inheritance tax (IHT) system'.

10 Jul 2019

UK corruption risks are 'significantly underestimated', Fraud Advisory Panel cautions

A focus on overseas bribery means UK officials are 'underestimating the risk of corruption at home', the Fraud Advisory Panel (FAP) has cautioned in a new report.

09 Jul 2019

Brexit uncertainty 'crippling UK business investment', warns CBI

The continuing uncertainty surrounding Brexit is 'crippling UK business investment', the Confederation of British Industry (CBI) has warned.

08 Jul 2019

FSB states small businesses 'incurring mammoth costs' as result of business crime

The Federation of Small Businesses (FSB) has stated that small firms are incurring costs of nearly £17 billion each year as a result of so-called 'business crime'.

05 Jul 2019

TPR issues pension scheme warning to savers

Pension savers should check that their scheme is not underperforming, the Pensions Regulator (TPR) has warned.

04 Jul 2019

Many working parents eligible for tax-free childcare this summer

Working parents could ease this summer's childcare costs by using a Tax-Free Childcare (TFC) account that's worth up to £2,000 a year for each child.

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