UK manufacturers predicting biggest fall in growth since the depths of Covid
Manufacturers expect a sharp fall in their output over the next three months in the weakest forecasts for growth since…
HMRC offers month long extension over new customs system
HMRC has granted importers a one-month stay of execution from adopting a new computer system for customs declarations over concerns…
Stamp duty cut will benefit UK’s wealthier and raise inflation, say experts
Cuts to stamp duty will hurt first-time buyers and stoke an inflationary bubble in the property market as house prices…
Pound hits fresh 37-year low against dollar
The pound has hit a new 37-year low against the dollar after Russia accused the West of “nuclear blackmail” raising…
UK SMEs owed an annual average of nearly £150,000 – almost double compared to 2019
Britain’s SMEs are owed on average £147,141 in late payments – nearly £74,000 more than in 2019. That’s according to…
Government announces plan to cap business energy bills which could see some bills halved
The government has announced plans to introduce a cap on wholesale energy bills for businesses. The Energy Bill Relief Scheme…
‘A big moment’: Wales expected to ban single-use plastic carrier bags
Wales has moved a step closer to becoming the first country in the UK to ban thin plastic single-use carrier…
Inheritance Tax Receipts reach £2.9 billion over four months from April to August 2022, up £300M
HMRC raised £2.9 billion in inheritance tax receipts between April and the end of August 2022, according to new figures…
The priciest place to rent a desk in the UK revealed…And it isn’t London
Leeds has been found to be the most expensive UK city to rent a desk, based on average daily rates…
Ministers to cap firms’ energy bills amid calls for longer-term support
Jacob Rees-Mogg is expected to announce a cap on energy prices for businesses that would cut the rates they pay…