Business News

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

Directors' confidence 'stuck in a rut', IoD finds

The Institute of Directors (IoD) has found that confidence amongst directors in the UK is 'stuck in a rut'.

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Private sector activity falls in November

Private sector activity continued to fall in the three months to November, according to the Confederation of British Industry's (CBI) latest Growth Indicator.

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Businesses still struggling to understand net zero target

Almost half of UK small and medium-sized enterprises (SMEs) don't know any details about the government's net zero target, according to research carried out by the British Chambers of Commerce (BCC).

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Autumn Statement spending plans represent 'very big fiscal risk', OBR warns

The Office for Budget Responsibility (OBR) has warned the government that the spending plans outlined by Chancellor Jeremy Hunt in the recent Autumn Statement represent a 'very big fiscal risk'.

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Utility bills 'main drivers of rising costs' for many small firms, FSB finds

Research carried out by the Federation of Small Businesses (FSB) has found that utilities remain cost drivers for 'a majority' of small firms in the UK.

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Report finds HMRC has 'lost sight of putting taxpayers first' in relation to MTD

A report published by the Public Accounts Committee (PAC) has warned that HMRC has 'lost sight of needing to put taxpayers at the heart of changes to the tax system', including the implementation of Making Tax Digital (MTD).

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Autumn Statement cuts 'won't stop tax revenues rising to highest ever levels'

The Institute for Fiscal Studies (IFS) has warned the government that the tax cuts announced in the 2023 Autumn Statement won't prevent tax revenues rising to their highest ever levels.

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Autumn Statement national insurance changes 'ease burden on strivers'

The changes to national insurance announced yesterday by Chancellor Jeremy Hunt in his 2023 Autumn Statement will help to 'ease the burden on strivers up and down the country', the Federation of Small Businesses (FSB) has said.

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2023 Autumn Statement - what to expect

Chancellor Jeremy Hunt will present the 2023 Autumn Statement today. We will keep you up to date on the key Autumn Statement announcements and supply a summary, which will appear on our website.

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