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Business News

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Business News

Bank of England raises UK interest rates to 13-year high of 1.25%

The Bank of England (BoE) has raised UK interest rates to a 13-year high of 1.25% and is now predicting inflation will hit 11% this autumn, when energy bills are…

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17/06/2022
Business News

IoD launches new inquiry into governance arrangements and framework

The Institute of Directors (IoD) has launched a new inquiry to analyse how good corporate governance can drive innovation. The IoD's inquiry aims to 'identify good practices that, if more…

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16/06/2022
Business News

Trade body urges Chancellor to keep tax rates low on electric company cars

The British Vehicle Rental and Leasing Association (BVRLA) has urged Chancellor Rishi Sunak to keep benefit-in-kind (BiK) tax rates low on electric company cars to promote their usage amongst UK…

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15/06/2022
Business News

COVID-19 emergency loan schemes may have saved 500,000 businesses

The government's coronavirus (COVID-19) emergency loan guarantee schemes may have saved between 150,000 and 500,000 businesses, according to research from the British Business Bank (BBB). The research also estimated that…

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14/06/2022
Business News

CBI downgrades forecast and warns of recession

The government must take 'vital action' to avoid a recession after the forecast for economic growth was downgraded, warns the Confederation of British Industry (CBI). The business group says that…

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13/06/2022
Business News

New homeowners warned over tax refund claims

New homeowners are being warned about cold calls from rogue tax repayment agents advising them to make speculative Stamp Duty Land Tax (SDLT) refund claims, which could leave them with…

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10/06/2022
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