Business News

15 Oct 2025

Unemployment rate rises as job vacancies fall

Data published by the Office for National Statistics (ONS) has revealed that the unemployment rate rose to 4.8% between June and August 2025.

14 Oct 2025

Chancellor should use Budget to reform tax system, IFS says

Chancellor Rachel Reeves should use the Autumn Budget to reform the UK's tax system, says the Institute for Fiscal Studies (IFS).

13 Oct 2025

HMRC brings in extra £4.6 billion using 'big data' system

HMRC brought in an extra £4.6 billion in tax revenue last year by using its 'big data' system.

10 Oct 2025

Countdown to Vaping Products Duty begins

There is now less than a year until the UK government introduces a Vaping Products Duty (VPD) and vaping duty stamps (VDS) on 1 October 2026.

09 Oct 2025

Study finds 'increased openness' to using external finance amongst firms

A study carried out by the British Business Bank has revealed that the use of external finance amongst small firms stabilised in 2024 as businesses increasingly welcome using finance for growth.

08 Oct 2025

New tax avoidance law risks missing target, warns CIOT

New legislation aimed at tackling rogue tax agents and those pushing tax avoidance schemes won't catch all of those it is aimed at, warns the Chartered Institute of Taxation (CIOT).

07 Oct 2025

HMRC to resume taking tax owed by debtors directly from bank accounts

HMRC has resumed its programme allowing direct recovery of money from debtors' bank accounts.

06 Oct 2025

Over 750,000 young people yet to claim savings

Over 750,000 18-to-23-year-olds have yet to claim their matured Child Trust Funds (CTFs), according to HMRC.

03 Oct 2025

Budget must give UK business a competitive edge

The Autumn Budget must sharpen the UK's competitive edge to stay ahead of the pack in an increasingly dog-eat-dog world, says the British Chambers of Commerce (BCC).

02 Oct 2025

Business confidence falls to new record low

Business confidence fell to its lowest level on record in September, driven by concerns over soaring costs, according to a survey conducted by the Institute of Directors (IoD).

01 Oct 2025

Digitally excluded taxpayers urged to consider MTD exemption

The Low Incomes Tax Reform Group (LITRG) is urging taxpayers who cannot manage their tax affairs digitally and are set to begin using Making Tax Digital for Income Tax (MTD for IT) to check whether they are able to claim an exemption.

30 Sep 2025

UK losing £2 billion annually as result of 'Tourist Tax'

Research published by the Association of International Retail (AIR) has revealed that the UK is losing out on nearly £2 billion as a result of the scrapping of VAT breaks for tourists.

29 Sep 2025

More SMEs 'unlocking AI'

35% of small and medium-sized enterprises (SMEs) say they are actively using artificial intelligence (AI) technology ? a rise when compared to 2024's figure of 25%.

26 Sep 2025

Business group says long-term sickness 'blighting' economy

The British Chambers of Commerce (BCC) has warned that long-term sickness is 'blighting' the UK economy and preventing it from growing.

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