Business News

This section contains the latest business news stories.

05 Nov 2024

Employer NICs rise may have unforeseen consequences

The extra costs of the increase in employers' National Insurance contributions (NICs) could cause businesses to respond in ways the government did not intend, the Chartered Institute of Taxation (CIOT) has warned.

04 Nov 2024

Chancellor's Budget tax increases 'will boost growth sustainably', says IMF

Commenting on Chancellor Rachel Reeves' recent Autumn Budget, the International Monetary Fund (IMF) stated the tax increases announced will 'boost growth sustainably'.

01 Nov 2024

Budget 'first step of what's needed to lift living standards', says think tank

Reacting to Chancellor Rachel Reeves' Autumn Budget, think tank the Resolution Foundation has warned that the measures announced 'are only the first step in what's required to boost living standards'.

31 Oct 2024

View our 2024 Autumn Budget Report

Chancellor Rachel Reeves delivered her 2024 Autumn Budget speech yesterday, outlining a range of financial measures.

31 Oct 2024

Chancellor uses Autumn Budget to increase Employment Allowance

Chancellor Rachel Reeves used her Autumn Budget to increase the Employment Allowance from £5,000 to £10,500.

30 Oct 2024

Chancellor promises to drive growth and raises £40 billion in taxes

Chancellor Rachel Reeves pledged to 'invest, invest, invest' to drive growth and 'restore economic stability' in the Autumn Budget.

30 Oct 2024

2024 Autumn Budget - the political reaction

Addressing the House of Commons, Chancellor Rachel Reeves used the 2024 Autumn Budget to 'fix the foundations to deliver on the promise of change'.

30 Oct 2024

2024 Autumn Budget - the business reaction

Business groups have reacted to Chancellor Rachel Reeves' Autumn Budget speech.

30 Oct 2024

2024 Autumn Budget - the economic picture

Within her Autumn Budget speech, Chancellor Rachel Reeves announced that the UK economy will grow by 1.1% this year, 2% next year and by 1.8% in 2026.

30 Oct 2024

2024 Autumn Budget - what to expect

Chancellor Rachel Reeves will present the 2024 Autumn Budget today. We will keep you up to date on the key Autumn Budget announcements and supply a summary, which will appear on our website.

29 Oct 2024

HMRC services need Budget investment

The Chancellor needs to to put extra resources into HMRC's customer services in the Autumn Budget, according to bodies representing tax advisers and accountants.

28 Oct 2024

More than £570 million stolen by criminals in first half of 2024

Criminals stole more than £570 million through authorised and unauthorised fraud in the first half of this year, according to data published by UK Finance.

25 Oct 2024

Real Living Wage goes up by 5%

The Real Living Wage is set to rise by 5% giving almost half a million workers a pay rise to £12.60 an hour, the Living Wage Foundation has announced.

24 Oct 2024

Self assessment deadline nears for paper filers

The deadline for submitting a tax return on paper by post for the 2023/24 tax year is 31 October.

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