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Business News

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

Business confidence improves despite rising concerns about Iran conflict

Confidence in both the UK economy and their own organisations rose amongst business leaders during May, according to research from the Institute of Directors (IoD).

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'Urgent action' needed to boost career opportunities for young people

A new report has warned that one in six young people will not be in education, employment or training within five years if 'urgent action' is not taken.

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Advisory Fuel Rates

New company car advisory fuel rates have been published and will take effect from 1 June 2026.

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Youth employment approaching pandemic and financial crisis levels

The recent fall in youth employment is now approaching the decline seen during the Covid-19 pandemic and 2008 financial crisis, according to the Institute for Fiscal Studies (IFS).

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Temporary reduced rate of VAT for children's meals, tickets and family attractions

The government is helping families this summer with the cost-of-living crisis by cutting VAT on attractions and meals out. The temporary reduced rate of VAT will cover children's meals, tickets and family attractions.

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Approved Mileage Allowance Payments (AMAPs), Mileage Allowance Relief (MAR) and self-employed mileage

The government has announced increases to AMAPs, MAR and self-employed mileage rates, which will be backdated to 6 April 2026.

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New parents urged to claim Child Benefit for their baby now

One in three new parents are missing out on Child Benefit payments in their baby's first year, according to HMRC's figures.

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Crime against business putting growth at risk

Decisive action is needed to tackle the 'hidden threat' of crime against businesses, which is damaging growth, according to the British Chambers of Commerce (BCC).

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Dip in inflation rate likely to be 'temporary quirk'

April's slowdown in the rate of inflation?is?likely to be a 'temporary quirk' rather than a 'signal?on the direction of travel', says the British Chambers of Commerce.

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