Business News

09 Jun 2025

Energy costs 'an anchor on our ambition', warns CBI chief

High energy bills in the UK are an 'anchor' on private sector ambitions, according to Rain Newton-Smith, CEO of the Confederation of British Industry (CBI).

06 Jun 2025

Government introduces Pension Schemes Bill

The government has introduced the Pension Schemes Bill, which it says will make pensions easier to understand and manage as well as drive better value over the long term.

05 Jun 2025

Cost of minimum retirement lifestyle has fallen amid lower energy prices

The minimum amount someone needs in retirement has fallen, amid lower energy prices and people's changing expectations, according to a report from the Pensions and Lifetime Savings Association (PLSA).

04 Jun 2025

Recovery in business confidence underway

A recovery in business confidence underway with optimism rising among commercial leaders, according to the Institute of Directors (IoD).

03 Jun 2025

IFS outlines 'four big decisions' for Spending Review

Ahead of the 2025 Spending Review on 11 June, the Institute for Fiscal Studies (IFS) has outlined four 'big decisions' for the government to make.

02 Jun 2025

HMRC names and shames employers failing to pay NLW

HMRC recently named and shamed UK employers who have failed to pay their employees the National Living Wage (NLW) or the National Minimum Wage (NMW).

30 May 2025

Chancellor outlines pension 'megafunds' plans

Chancellor Rachel Reeves has set out government plans to double the number of so-called pension 'megafunds' by 2030.

29 May 2025

New report outlines path to cut firms' net zero costs

A report carried out by the Federation of Small Businesses (FSB) has outlined a path to help cut carbon emissions and costs for small firms.

28 May 2025

IMF updates growth forecast for UK economy

The International Monetary Fund (IMF) has revised its growth forecast for the UK economy and now anticipates growth of 1.2% this year.

27 May 2025

Household Support Fund 'needs reforming'

Think tank the Resolution Foundation has stated that the Household Support Fund needs renewing and reforming to ensure it continues to help families through the cost-of-living squeeze.

23 May 2025

Higher borrowing figures 'increase prospect of tax rises'

Experts have warned that recent higher than anticipated government borrowing figures have increased the prospect of Chancellor Rachel Reeves raising taxes at the next Budget.

22 May 2025

Chancellor confirms ISA allowance won't be cut

Chancellor Rachel Reeves has confirmed that the annual tax-free ISA allowance won't be reduced from £20,000.

21 May 2025

Household bills drive inflation increase

Inflation jumped to 3.5% in the year to April, up from 2.6% in March, according to the Office for National Statistics (ONS).

20 May 2025

Almost half of sole traders unprepared for MTD changes

Almost half of UK sole traders feel unprepared for upcoming Making Tax Digital for Income Tax (MTD) for Income Tax changes, according to research conducted by IRIS Software.

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