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Business News

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Business News

Intergenerational transfers ‘having profound impact on people’s economic prospects’

25 Nov 2024 Research carried out by the Resolution Foundation has shown that financial transfers between generations are having 'profound but unequally felt' impacts on people's economic prospects. The Foundation…

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10/07/2025
Business News

Budget ‘first step of what’s needed to lift living standards’, says think tank

01 Nov 2024 Reacting to Chancellor Rachel Reeves' Autumn Budget, think tank the Resolution Foundation has warned that the measures announced 'are only the first step in what's required to…

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10/07/2025
Business News

HMRC agree to make things easier with paper tax returns

17 Oct 2024 HMRC's decision to make it easier for taxpayers to file a paper tax return has been welcomed by the Low Incomes Tax Reform Group (LITRG). With less…

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10/07/2025
Business News

Young people reminded to reclaim government savings

25 Sep 2024 Over half a million young people are yet to lay claim to Child Trust Funds worth an average of £2,212, HMRC has said. Child Trust Funds are…

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10/07/2025
Business News

HMRC late payment interest cut by 0.25%

22 Nov 2024 HMRC has reduced late payment and repayment interest rates following the cut to the base rate. The Bank of England cut the base rate to 4.75% on…

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10/07/2025
Business News

View our 2024 Autumn Budget Report

31 Oct 2024 Chancellor Rachel Reeves delivered her 2024 Autumn Budget speech yesterday, outlining a range of financial measures. Ms Reeves pledged to 'invest, invest, invest' in order to drive…

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10/07/2025
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