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Business News

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Business News

Public borrowing ‘could double in 2020 as result of no-deal Brexit’, OBR cautions

The Office for Budget Responsibility (OBR) has warned that public borrowing could double next year if the government fails to secure a Brexit deal. According to the OBR, public borrowing…

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19/07/2019
Business News

Fraud ‘costing UK businesses £130 billion each year’, report suggests

A report published by the Centre for Counter Fraud Studies at the University of Portsmouth has suggested that fraud costs UK businesses £130 billion each year. According to the data,…

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18/07/2019
Business News

Wage growth ‘accelerates to highest rate since financial crisis’

Data published by the Office for National Statistics (ONS) has revealed that UK wage growth increased to 3.6% in the year to May 2019 – representing the highest rate since…

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17/07/2019
Business News

HMRC urges firms to register for MTD for VAT before August

HMRC is urging businesses to register for Making Tax Digital for VAT (MTD for VAT) before the 7 August VAT filing date. HMRC stated that 'many of the 1.2 million…

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16/07/2019
Business News

Research suggests women ‘save just a third of amount men do’ for retirement

Research carried out by the Pensions Policy Institute (PPI) has suggested that, by the time they come to retire, women have saved just a third of the amount that men…

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15/07/2019
Business News

Government publishes Finance Bill 2019-20 draft legislation

The government has published draft legislation for Finance Bill 2019-20. One of the primary objectives included in the draft legislation is to 'update tax policies for the digital age'. The…

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12/07/2019
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