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Business News

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Business News

Government launches consultation on R&D relief

The government has launched a consultation on simplifying the UK's research and development (R&D) tax relief system, driving innovation and growing the economy. The consultation runs to 13 March 2023…

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18/01/2023
Business News

WEF warns businesses and households facing a ‘polycrisis’

In its latest Global Risks Report, the World Economic Forum (WEF) has warned that economies around the world are facing what it has dubbed a 'polycrisis', consisting of many concerning…

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17/01/2023
Business News

Pensioners outnumber young people for filing self assessment tax returns

HMRC has revealed that more pensioners filed a tax return for the 2020/21 tax year compared to young people. Overall, those aged 65 and over accounted for 16% of individuals…

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16/01/2023
Business News

Official data shows UK economy grew in November

Data published by the Office for National Statistics (ONS) has revealed that the UK economy unexpectedly grew in November 2022. The data showed that Gross Domestic Product (GDP) rose by…

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13/01/2023
Business News

Fewer firms investing in training despite skills shortage

Fewer respondent firms are increasing their investment in training and development despite a skills shortage, according to a survey by the Confederation of British Industry (CBI). The survey found that…

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12/01/2023
Business News

Economic indicators have ‘stabilised at concerningly low levels’, BCC finds

Data published by the British Chambers of Commerce (BCC) has found that key economic indicators have stabilised at 'alarmingly low levels'. The BCC revealed that business confidence, conditions and sales…

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11/01/2023
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