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Business News

The latest Business and Finance news making the headlines in the UK

Business confidence declines as operating conditions worsen

The confidence of the UK's business leaders dropped during May as operating conditions continued to deteriorate, according to research conducted by the Institute of Directors (IoD).

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Gen Zs wish they had learnt basics about tax

Four in ten of Generation Z say they wish they had learnt the basics about tax when they were younger, according to data from HMRC.

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Taxpayers urged to get ahead of July self assessment payment deadline

HMRC is reminding millions of self assessment taxpayers to prepare for the 2025 to 2026 tax year second payments on account 31 July deadline.

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Government drives young people to reconnect with £1.6 billion in unclaimed savings

The government is stepping up its efforts to reconnect young people with unclaimed savings in Child Trust Funds (CTFs).

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Over half of UK business leaders want government to prioritise EU relationship

A majority of UK business leaders now calling on the government to prioritise its relationship with the European Union, according to research from the Institute of Directors (IoD).

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Online marketplace VAT proposals strike right balance

The government's preferred proposal in HMRC's consultation into VAT compliance should close a tax loophole while protecting small businesses, says the Federation of Small Businesses (FSB).

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Government fraud squad hunts down Covid loan scams

A new counter-fraud squad has launched investigations against those who defrauded the public during the Covid pandemic, the Treasury has announced.

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Tax gap up to more than £59 billion

The tax gap rose to a record high of £59.2 billion in cash terms for 2024/25, according to the latest data from HMRC.

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Brexit burden must be cut, says BCC

The UK government must set out a clear plan to ease the burdens that Brexit has placed on business, says the British Chambers of Commerce (BCC).

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