Business News

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

Corporation tax cuts put on hold

Next April's planned cut in corporation tax is to be put on hold, Prime Minister Boris Johnson told the Confederation of British Industry (CBI) conference on 18 November.

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Number of EIS approvals drops

The number of approvals given for the funding of small businesses through the government's Enterprise Investment Scheme (EIS) has dropped, according to figures published by HMRC.

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Dividend payments rise for tenth consecutive year

Dividend payments made by the world's biggest companies to their shareholders have grown for the tenth year in a row, according to research from asset management company Janus Henderson.

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UK taxes at historical high

UK taxes are at a historical high, accounting for over a third of GDP at 34.4% and up almost seven percentage points from the 1950s, according to a new Institute for Fiscal Studies (IFS) report.

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Pension scam victims 'could lose 22 years of pension savings in 24 hours'

Pension scam victims could lose 22 years of savings in 24 hours, according to the Pensions Regulator (TPR) and the Financial Conduct Authority (FCA).

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Off-payroll changes need to be delayed, says FSB

Next year's expansion of the off-payroll rules into the private sector should be delayed, according to the Federation of Small Businesses (FSB).

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UK avoids recession but economic growth remains slow

The UK economy has avoided falling into recession although growth remains slow, according to the latest figures from the Office for National Statistics (ONS).

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Real Living Wage rise boosts pay for thousands

Over 210,000 UK workers are set to benefit after the Real Living Wage increased to £9.30 an hour.

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Loan charge review put on hold

The independent review into the loan charge has been put on hold until after December's General Election.

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We are a member firm of the Institute of Chartered Accountants of England & Wales (ICAEW). Registered to carry on audit work in the UK and Ireland. Our Insurer is Prosure Solutions (per W R Berkley , and IGI), 34 Lime St, London EC3M 7AT (worldwide, excluding North America). Also an independent member of GGI, a multidisciplinary worldwide association of accountants, tax consultants & lawyers.