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Business News

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Business News

NIC increase causes businesses to raise prices

The increase in national insurance contributions (NICs) will cause a third of businesses to raise their prices, according to the results of a survey conducted by the Institute of Directors…

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05/04/2022
Business News

Rise in VAT will mean higher prices, businesses warn

Businesses have warned that the recent rise in VAT will increase prices for customers. From 1 April VAT increased from 12.5% to 20%. Businesses in the hospitality and tourism sector…

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04/04/2022
Business News

Majority of smaller businesses do not understand ‘carbon jargon’

The majority of SMEs in the UK do not understand how 'carbon jargon' applies to their businesses, according to research by the British Business Bank (BBB). The survey found that…

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01/04/2022
Business News

Report warns ‘millions would struggle’ in cashless society

A report published by the Royal Society of Arts (RSA) has suggested that millions of individuals in the UK would struggle if cash was phased out as a form of…

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31/03/2022
Business News

HMRC reminds working parents they can receive help with Easter childcare costs

HMRC has reminded working parents that they are able to receive help with the costs of childcare this Easter. The tax authority advised parents to not miss out on the…

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30/03/2022
Business News

Households on lowest incomes face significant rise in living costs, data finds

Data published by economic forecasting group the EY Item Club has found that households on the lowest incomes in the UK face a rise in living costs of almost 10%.…

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29/03/2022
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