Chancellor Kwasi Kwarteng used the 2022 Mini Budget to announce measures to help boost UK economic growth. Mr Kwarteng announced a series of tax cuts for businesses and individuals adding…
Think tank the Institute for Fiscal Studies (IFS) has warned the government that any tax cutting measures announced in the forthcoming Mini Budget are likely to push borrowing and debt…
Wholesale energy prices for businesses will be capped at 'less than half' of the anticipated winter levels under the government's support package. The Energy Bill Relief Scheme will offer discounts…
Data published by Xero has revealed that late payments are costing UK small businesses £684 million each year. On average, UK small firms are paid 5.8 days late, Xero found.…
Prime Minister Liz Truss is reportedly considering scrapping the sugar tax on soft drinks to help ease the cost-of-living crisis. Chancellor Kwasi Kwarteng has reportedly asked health officials to review…
Think tank the Resolution Foundation has suggested that wealthier households in the UK will receive twice as much cost-of-living support than poorer households. The Resolution Foundation highlighted that government plans…