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Business News

22 Jun 2026

HMRC urged to understand scale of pension tax relief errors

The Low Incomes Tax Reform Group (LITRG) has urged HMRC to establish the scale of pension tax relief errors that employers make.

19 Jun 2026

Tax system doesn't support entrepreneurs, MPs warn

Over 90 MPs have warned Chancellor Rachel Reeves that the UK tax system doesn't support Britain's entrepreneurs.

18 Jun 2026

Financial losses from scams hit £1.3 billion a year

Cases of fraud in the UK have surged, with almost £1.3 billion stolen by scammers in 2025, according to UK Finance.

17 Jun 2026

UK inflation rate remains at 2.8%

The UK's inflation rate remains at 2.8% in the year to May, according to the latest data from the Office for National Statistics (ONS).

16 Jun 2026

Expansion of 'uncertain tax treatment' rules cause for concern

Government plans to extend the rules requiring some taxpayers to declare 'uncertain' tax positions risk creating more compliance burdens and tax disputes according to the Chartered Institute of Taxation (CIOT).

15 Jun 2026

Pension saving plummets when employees move into self-employment

More than three-quarters of employees who consistently saved into a pension stop doing so when they move into self-employment, according to research from the Institute for Fiscal Studies (IFS).

12 Jun 2026

UK economy contracts due to Middle East conflict

The UK's economy contracted by 0.1% in April due to the impact of the war in Iran, according to data from the Office for National Statistics (ONS).

11 Jun 2026

Employers need to show workforce flexibility for World Cup

Employers are being urged to implement clear policies on staff time off, sickness absence, and flexible working as the World Cup gets underway.

10 Jun 2026

HMRC boosts funding for taxpayers needing extra support

More than £11 million in funding has been made available to taxpayers struggling with their tax affairs.

09 Jun 2026

Business costs at tipping point, warns CBI

The UK economy has the 'makings of a true growth story' but that a record high business tax burden is it at risk, warns the Confederation of British Industry (CBI).

08 Jun 2026

Small firms to receive funding boost to business debt advice services

The Treasury recently announced that small businesses and the self-employed who struggle with their finances will receive a helping hand via a new £4 million funding boost to business debt advisory services over the next three years.

05 Jun 2026

Business leaders believe Employment Rights Act will harm growth

Research carried out by the Institute of Directors (IoD) has indicated that 86% of business leaders believe that the Employment Rights Act will adversely affect UK growth.

04 Jun 2026

Three quarters of workers not on track for 'moderate' pension income

Three quarters of UK workers are not on course to save enough for a 'moderate' lifestyle when they retire, according to a report by Pensions UK.

03 Jun 2026

Hospitality sector calls 10% VAT rate

Hospitality businesses, teams and organisations are being urged to sign a new petition calling for the government to cut hospitality VAT to 10% by UKHospitality.

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