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Business News

UK productivity suffers worst drop in five years

Productivity in the UK fell at its fastest annual rate for five years during the second quarter of 2019, according to the Office for National Statistics (ONS). Productivity – measured by…

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09/10/2019
Business News

UK small businesses ‘concerned about impact of Brexit on supply chains’

Research carried out by insolvency trade body R3 has suggested that a third of UK small businesses are concerned about the impact Brexit will have on their supply chains. R3's…

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08/10/2019
Business News

Banking crime cost over £600 million in first half of 2019

Banking customers lost over £600 million to crime during the first half of 2019, according to data from industry group UK Finance. According to UK Finance's figures, £408 million was…

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07/10/2019
Business News

UK ‘on cusp of recession’ after services sector shrinks

The UK economy is 'on the cusp of recession' after the services sector suffered an unexpectedly sharp downturn last month, according to research from IHS Markit. IHS Markit's Purchasing Managers'…

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04/10/2019
Business News

Inheritance tax ‘could be scrapped’, Chancellor hints

Chancellor Sajid Javid has suggested that the government 'may be prepared' to scrap inheritance tax (IHT). IHT is levied on a person's estate when they die, and certain gifts made…

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03/10/2019
Business News

Chancellor pledges to increase National Living Wage to £10.50

Chancellor Sajid Javid has pledged to raise the National Living Wage (NLW) to £10.50 within the next five years. Speaking at the Conservative Party Conference, the Chancellor also said he…

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02/10/2019
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