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Business News

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Business News

Skills shortages hit 75% of UK businesses

Three quarters of UK firms have been hit by labour shortages in the past 12 months, according to a survey conducted by the Confederation of British Industry (CBI). According to…

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19/10/2022
Business News

Chancellor reverses Mini Budget measures

Chancellor Jeremy Hunt has announced reversals of most of the measures announced in the recent Mini Budget. The changes have been brought forward from the publication of the government's Medium-Term…

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18/10/2022
Business News

New Chancellor set to deliver statement on Medium-Term Fiscal Plan

New Chancellor Jeremy Hunt will make a statement today to bring forward measures from the upcoming publication of the government's Medium-Term Fiscal Plan on 31 October. The statement follows conversations…

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17/10/2022
Business News

Self assessment taxpayers could be a target for fraudsters, HMRC warns

Self assessment taxpayers who are thinking about their annual tax returns for the 2021/22 tax year should protect themselves from being targeted by criminals, HMRC has warned. In the 12…

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14/10/2022
Business News

Businesses need ‘reassurance from fiscal statement’ after fall in GDP

Businesses will need to be reassured by the Chancellor's fiscal statement on 31 October after the UK's GDP dropped in August, the Confederation of British Industry (CBI) has said. The…

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13/10/2022
Business News

IFS warns ‘big and painful’ spending cuts needed to stabilise UK economy

Think tank the Institute for Fiscal Studies (IFS) has warned Chancellor Kwasi Kwarteng that he will need to make 'big and painful' spending cuts in order to help stabilise the…

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12/10/2022
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