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Business News

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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
Business News

FSB calls for introduction of apprenticeship incentive for under 25s

The Federation of Small Businesses (FSB) is calling for the introduction of a £3,000 apprenticeship incentive for under 25s in England. Highlighting the start of National Apprenticeship Week on 6…

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08/02/2023
Business News

‘Digital pound’ likely to launch this decade, says Treasury

The Treasury and the Bank of England (BoE) have suggested that a state-backed 'digital pound' will likely be launched this decade. Both the Treasury and the Bank said that the…

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07/02/2023
Business News

HMRC urges families to make use of Tax-Free Childcare scheme

HMRC has reminded families that they can save up to £2,000 per year on their childcare costs using the Tax-Free Childcare (TFC) scheme. HMRC data showed that over 401,300 families…

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06/02/2023
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