Business News

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

Chancellor to set out one-year Spending Review in November

Chancellor Rishi Sunak will set out a one-year Spending Review on 25 November as the government continues to tackle the economic slump caused by the coronavirus (COVID-19) pandemic.

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ICAEW calls for reform of 'inflexible business rates'

The Institute of Chartered Accountants in England and Wales (ICAEW) has called for reform of 'inflexible business rates' as businesses continue to struggle through the coronavirus (COVID-19) pandemic.

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Survey finds small business confidence has been in negative territory since 2018

A survey carried out by the Federation of Small Businesses (FSB) has found that confidence amongst small firms has been in negative territory since July 2018.

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NAO finds 'significant levels of furlough fraud occurred' during start of pandemic

A report published by the National Audit Office (NAO) has revealed that significant levels of furlough fraud occurred during the first few months of the coronavirus (COVID-19) pandemic.

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Chancellor increases financial support for businesses affected by COVID restrictions

On 22 October Chancellor Rishi Sunak announced increases to the coronavirus (COVID-19) financial support measures first outlined in the Winter Economy Plan.

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IoD outlines reforms to Prompt Payment Code

The Institute of Directors (IoD) has outlined reforms to the Prompt Payment Code.

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HMRC urges businesses to ensure they are ready for new customs and tax rules

HMRC has urged businesses to make sure they are prepared for new customs and tax rules so that they can continue to trade with the EU from 1 January 2021.

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PAC calls on government to give 'honest picture' of UK tax gap

The Public Accounts Committee (PAC) has urged the government to give a 'more honest' picture of the likely levels of the UK tax gap.

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Government outlines plans to protect future of cash

The government has outlined plans to protect the UK's cash system and ensure people have easy access to cash.

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