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Business News

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Business News

TUC urges government to raise NMW ‘immediately’

The Trades Union Congress (TUC) has called on the government to increase the National Minimum Wage (NMW) rates 'immediately' in order to guarantee decent living standards for families. Research carried…

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24/08/2022
Business News

Experts warn inflation could hit 18% in 2023

Economic analysts have warned that the rate of inflation could hit 18% in 2023 as a result of rising energy prices. Think tank the Resolution Foundation stated that inflation could…

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23/08/2022
Business News

Report finds decline in the use of cash is easing

Banking trade body UK Finance has revealed that the rapid decline in the use of cash as a form of payment has eased. A report published by UK Finance found…

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22/08/2022
Business News

Tax-Free Childcare to ease parental costs as kids return to school

As millions of children go back to school this autumn, HMRC is reminding families to not miss out on up to £2,000 a year towards their child's wraparound care.  Tax-Free…

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19/08/2022
Business News

Energy firms call for windfall tax to be scrapped by 2025

Trade body Offshore Energies UK (OEUK) has stated that the Energy Profits Levy, also known as the 'windfall tax', on UK energy firms should be scrapped by 2025 or it…

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18/08/2022
Business News

Data reveals inflation hit 10.1% in the 12 months to July

Data published by the Office for National Statistics (ONS) has revealed that the rate of inflation hit 10.1% in the 12 months to July 2022, up from 9.4% in June.…

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17/08/2022
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