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Business News

HMRC urges eligible couples to claim Marriage Allowance

HMRC has reminded married couples eligible for the Marriage Allowance to make use of the tax relief. Over 2.1 million couples currently benefit from the Allowance, HMRC said. Married couples…

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16/02/2023
Business News

Official data shows inflation remains close to 40-year high

Data published recently by the Office for National Statistics (ONS) has revealed that the rate of inflation remains close to a 40-year high. The ONS found that inflation fell to…

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15/02/2023
Business News

Spring Budget ‘must hit four key targets’, warns BCC

The British Chambers of Commerce (BCC) has outlined four goals Chancellor Jeremy Hunt should hit in the upcoming Spring Budget. The BCC highlighted energy costs, childcare, business rates and green…

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14/02/2023
Business News

CBI urges Chancellor to ‘deliver action that will drive economic momentum’ in Budget

In its Spring Budget submission, the Confederation of British Industry (CBI) has urged Chancellor Jeremy Hunt to boost business confidence and encourage investment. The business group proposed a range of…

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13/02/2023
Business News

UK economy narrowly avoided recession last year

The UK narrowly avoided falling into recession in 2022 after the economy saw zero growth between October and December, according to the latest figures from the Office for National Statistics…

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10/02/2023
Business News

UK ‘likely to avoid technical recession in 2023’, says think tank

Think tank the National Institute of Economic and Social Research (NIESR) has suggested that the UK economy will avoid a 'technical recession' this year, but low GDP growth and contractions…

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09/02/2023
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