Business News

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

HMRC warns of Winter Fuel Payment scams

HMRC has issued a warning to be on high alert for scams linked to Winter Fuel Payments after receiving 15,100 reports of bogus activity in June.

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UK economy shrank in May

The UK economy shrank in May, according to latest figures from the Office for National Statistics (ONS).

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Harsh personal guarantees will chill growth ambitions, warns FSB

Personal guarantees risk holding back the growth the economy needs, the Federation of Small Businesses (FSB) has warned.

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HMRC to fine crypto investors £300 for non-disclosure

UK-based holders of cryptoassets will have to provide personal details to crypto service providers or face penalties of up to £300 from HMRC.

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IHT on pensions most unpopular of Labour's tax increases

Inheritance Tax (IHT) on pensions is the most unpopular of the tax raising measures introduced by the Labour government during its first year, according to a survey.

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HMRC criminal tax offence plan risks going too far, warns CIOT

HMRC plans to introduce a tax avoidance criminal offence risks overreach, the Chartered Institute of Taxation (CIOT) has warned.

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Pension reforms risk higher prices, fewer jobs and slower growth, FSB warns

Prospective pension reforms could see small firms raise prices, cut jobs or slash profits, the Federation of Small Businesses (FSB) has warned.

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Business confidence rises in June

Business confidence rose in June building on a sharp rebound in May, according to Lloyds Bank's Business Barometer.

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More than 25% of UK businesses hit by cyber-attack in past year

More than one in four UK businesses have been the victim of a cyber-attack in the last year, with many risking 'sleepwalking' into disruption, according to a new report.

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