Inflation returns to 40-year high
The rate of inflation rose to 10.1% in September as the economy felt the effects of rising prices and the fallout from the Mini Budget, according to the Office for National Statistics (ONS).
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The rate of inflation rose to 10.1% in September as the economy felt the effects of rising prices and the fallout from the Mini Budget, according to the Office for National Statistics (ONS).
Read moreAlmost six in ten UK adults are struggling to keep up with their bills, according to new research from the Financial Conduct Authority (FCA).
Read moreA survey conducted by the Institute of Directors (IoD) has found that 42% of UK businesses that trade internationally expect to see an increase in their exports over the coming year.
Read moreHMRC has reminded taxpayers that they are now less than 100 days until the deadline for self assessment online return submission.
Read moreThe British Business Bank (BBB) was supporting £12.2 billion of lending to over 96,000 businesses at the end of March 2022, according to its annual report.
Read moreAction Fraud has warned that criminals are using the ongoing cost-of-living crisis to target the public with energy rebate scams.
Read moreHMRC is reminding businesses that they will no longer be able to use their existing Value Added Tax online account to submit VAT returns from 1 November.
Read moreEight in ten small businesses are finding it difficult to recruit staff, according to a report published by the Federation of Small Businesses (FSB).
Read moreHMRC will raise interest rates on tax debt from 11 October following the 0.5% increase in the base rate.
Read moreWholesale energy prices for businesses will be capped at 'less than half' of the anticipated winter levels under the government's support package.
Read moreThe International Monetary Fund warned the UK government against 'large and untargeted fiscal packages' following the Mini Budget.
Read moreChancellor Kwasi Kwarteng used the 2022 Mini Budget to announce a series of tax cuts for businesses and individuals.
Read moreThe government has abandoned its plan to abolish the top rate of income tax due to the negative reaction it has received.
Read moreBanking trade body UK Finance has revealed that the rapid decline in the use of cash as a form of payment has eased.
Read moreTrade body Offshore Energies UK (OEUK) has stated that the Energy Profits Levy on UK energy firms should be scrapped by 2025.
Read moreThe Trades Union Congress (TUC) has called on the government to increase the National Minimum Wage (NMW) rates 'immediately' in order to guarantee decent living standards for families.
Read moreEconomic analysts have warned that the rate of inflation could keep rising in 2023 as a result of rising energy prices.
Read moreThe Treasury Committee has urged the government to provide assurance that it is not 'flying blind' into a potential Emergency Budget this September.
Read moreAverage household energy bills will rise to £3,549 in October following the decision of energy regulator Ofgem to raise the price cap.
Read moreHMRC has published more details on how Making Tax Digital for Income Tax (MTD for IT) will work for buy-to-let landlords and sole traders with qualifying income over £10,000.
Read moreThe government has introduced legislation to Parliament, which it says will enhance the competitiveness of the UK financial services sector and unlock tens of billions of pounds of investment.
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