News

18 Aug

Modest growth in UK retail sales continued in July, latest statistics show

The volume of UK retail sales continued to grow at a modest pace during July, new statistics published by the Office for National Statistics (ONS) have revealed.

17 Aug

Official data reveals UK productivity has fallen for second consecutive quarter

UK productivity fell for the second quarter in a row in the three months to June, data published by the Office for National Statistics (ONS) has revealed.

16 Aug

Business groups respond to publication of Brexit customs paper

Business groups, including the Confederation of British Industry (CBI), the British Chambers of Commerce (BCC) and the Institute of Directors (IoD) have responded to the publication of Brexit customs position papers by the Department for Exiting the EU.

15 Aug

Data reveals confidence amongst UK businesses has taken 'major knock'

Data published by the Institute of Chartered Accountants in England and Wales (ICAEW) has revealed that confidence amongst businesses in the UK has taken a 'major knock', and has fallen into negative territory.

14 Aug

Wage growth 'likely to remain weak', study suggests

A study carried out by the Chartered Institute of Personnel and Development (CIPD) has suggested that wage growth is set to 'remain weak'.

11 Aug

Retirement income 'boosted by private and workplace pensions', statistics suggest

Data published by the Office for National Statistics (ONS) has revealed that retirement income has been 'boosted' by private and workplace pensions over the last 40 years.

10 Aug

Figures reveal significant rise in number of card payments made by consumers

Data published by UK Finance has revealed that card spending totalled £57.1 billion in June - representing a 7% rise when compared to a year earlier.

09 Aug

Firms with poor cyber security measures could face fines of £17m, government warns

The government has warned that businesses could face fines of up to £17 million or 4% of global turnover if they do not take appropriate measures to protect against cyber-attacks.

08 Aug

IoD calls for ministers to make a decision on transitional Brexit agreement

The Institute of Directors (IoD) has called for the government to reach a decision on how to approach a transitional Brexit agreement 'as soon as possible'.

07 Aug

FSB urges government to delay National Living Wage rise

The Federation of Small Businesses (FSB) has called on the government to consider whether forthcoming rises in the National Living Wage (NLW) rate may need to be delayed if the economy cannot bear the pace of change.

04 Aug

New trade body to be created by government

The government has revealed its intention to create a new trade authority, termed the UK Trade Remedies Organisation, ahead of Britain's departure from the EU in 2019.

03 Aug

State pension age reform leaves 'large number of women worse off'

A report published by the Institute for Fiscal Studies (IFS) has suggested that women aged between 60 and 62 have become 'worse off' as a result of the recent rise in the state pension age.

02 Aug

Significant number of savers open cash Lifetime ISAs

An estimated 28,000 individuals have taken out cash Lifetime ISAs with Skipton Building Society ? the only provider currently offering a cash version of the product.

01 Aug

UK 'won't cut taxes post-Brexit', Chancellor states

Chancellor Philip Hammond has suggested that the UK won't cut taxes and fiscal regulations after Brexit.

31 Jul

UK SMEs concerned about securing funding in run-up to Brexit, survey suggests

A survey conducted by insurer Hiscox has suggested that small and medium-sized enterprises (SMEs) in the UK are concerned about their ability to secure funding in the run-up to Brexit.

28 Jul

Consumer confidence falls to 'lowest level since aftermath of Brexit vote'

Data published by market research group GfK has revealed that consumer confidence has fallen to its lowest level since the aftermath of the Brexit vote.

27 Jul

FCA outlines requirements for banks to publish data on customer service

The Financial Conduct Authority (FCA) has set out proposals to require banks to publish information on the quality of customer service that they provide.

26 Jul

Government introduces new Parental Bereavement Bill

The government has introduced a new Parental Bereavement Bill in order to supply bereaved parents in employment with statutory paid leave.

25 Jul

Rise in personal debt a 'danger to UK economy', Bank of England warns

The Bank of England (BoE) has warned that a significant rise in personal debt could 'pose a danger to the UK economy'.

24 Jul

IMF downgrades UK growth forecast for 2017

The International Monetary Fund (IMF) has downgraded the UK's growth forecast for 2017 from 2% to 1.7%.

21 Jul

Report suggests summer childcare costs have risen significantly

A report published by the Family and Childcare Trust has revealed that summer childcare costs in England have risen by 5% since last year.

20 Jul

Government brings forward rise in state pension age

The government has announced that the rise in the state pension age from 67 to 68 will be phased in between 2037 and 2039, earlier than previously planned.

19 Jul

Official figures reveal surprise fall in UK inflation rate

The UK's rate of inflation as measured by the Consumer Prices Index (CPI) fell unexpectedly to 2.6% in June, down from 2.9% in May, figures published by the Office for National Statistics (ONS) have revealed.

18 Jul

Less than half of businesses have discussed Brexit risks, ICAEW suggests

A survey carried out by the Institute of Chartered Accountants in England and Wales (ICAEW) has suggested that just 43% of firms have discussed the risks that Brexit poses to their business.

17 Jul

BCC calls for National Living Wage rise to help balance inflationary pressures

The British Chambers of Commerce (BCC) has called for a rise in the National Living Wage (NLW) to help balance inflationary pressures for low paid workers.

14 Jul

HMRC announces significant changes to Making Tax Digital plans

HM Revenue & Customs (HMRC) has announced considerable changes to its plans for Making Tax Digital (MTD).

13 Jul

Consumers taking out drawdown pensions 'without advice', FCA finds

Many consumers are taking out drawdown pensions without seeking regulated financial advice, the Financial Conduct Authority (FCA) has warned.

12 Jul

Business responds to Taylor Review of employment practices

Business groups have given their reactions to the recommendations of the Taylor Review into modern-day working practices, which sets out the key principles for providing 'fair and decent work for all'.

11 Jul

Cybercrime a bigger concern for SMEs than Brexit, research suggests

Research published by Barclaycard has suggested that small and medium-sized businesses are more concerned about the risks that cybercrime poses to their business than those put forward by Brexit.

10 Jul

Billionth new pound coin struck as old pound coin demonetisation deadline looms

The Royal Mint has revealed that the billionth new one pound coin has been struck, as the deadline for spending old one pound coins looms.

07 Jul

UK household income 'falling at fastest rate since 2011', ONS data shows

Household incomes in the UK are falling at their fastest rate since 2011, data published by the Office for National Statistics (ONS) has suggested.

06 Jul

Significant number of government suppliers sign up to Prompt Payment Code

32 of the government's biggest suppliers have signed up to the Prompt Payment Code, thereby committing to pay 95% of their invoices within 60 days.

05 Jul

Extend minimum wage to cover self-employed, says think tank

Minimum wage legislation should be extended to cover self-employed workers who do not control their own rate of pay, according to a think tank.

04 Jul

Government launches new ultra-fast broadband fund

The government has launched its new £400m Digital Infrastructure Investment Fund, which it hopes will 'revolutionise' internet access for businesses and individuals across the UK.

03 Jul

Report suggests pay for under-40s is '11% lower than before financial crisis'

Typical hourly pay for UK workers aged under 40 is at least 11% lower than before the 2008 financial crisis, a report published by the Resolution Foundation has suggested.

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1 hours ago

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1 days ago

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Business groups respond to publication of #Brexit customs paper https://t.co/82HKfn30d2 https://t.co/07Of5BPaAb

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