Latest News For Business


01 Dec

Private sector activity falls in November

Private sector activity continued to fall in the three months to November, according to the Confederation of British Industry's (CBI) latest Growth Indicator.

30 Nov

Businesses still struggling to understand net zero target

Almost half of UK small and medium-sized enterprises (SMEs) don't know any details about the government's net zero target, according to research carried out by the British Chambers of Commerce (BCC).

29 Nov

Autumn Statement spending plans represent 'very big fiscal risk', OBR warns

The Office for Budget Responsibility (OBR) has warned the government that the spending plans outlined by Chancellor Jeremy Hunt in the recent Autumn Statement represent a 'very big fiscal risk'.

28 Nov

Utility bills 'main drivers of rising costs' for many small firms, FSB finds

Research carried out by the Federation of Small Businesses (FSB) has found that utilities remain cost drivers for 'a majority' of small firms in the UK.

27 Nov

Report finds HMRC has 'lost sight of putting taxpayers first' in relation to MTD

A report published by the Public Accounts Committee (PAC) has warned that HMRC has 'lost sight of needing to put taxpayers at the heart of changes to the tax system', including the implementation of Making Tax Digital (MTD).

24 Nov

Autumn Statement cuts 'won't stop tax revenues rising to highest ever levels'

The Institute for Fiscal Studies (IFS) has warned the government that the tax cuts announced in the 2023 Autumn Statement won't prevent tax revenues rising to their highest ever levels.

23 Nov

Autumn Statement national insurance changes 'ease burden on strivers'

The changes to national insurance announced yesterday by Chancellor Jeremy Hunt in his 2023 Autumn Statement will help to 'ease the burden on strivers up and down the country', the Federation of Small Businesses (FSB) has said.

22 Nov

2023 Autumn Statement - what to expect

Chancellor Jeremy Hunt will present the 2023 Autumn Statement today. We will keep you up to date on the key Autumn Statement announcements and supply a summary, which will appear on our website.

22 Nov

Chancellor delivers tax cuts with Full Expensing made permanent

Chancellor Jeremy Hunt used his Autumn Statement to make tax cuts for businesses, workers and the self-employed.

22 Nov

2023 Autumn Statement - the economic picture

Within his Autumn Statement speech, Chancellor Jeremy Hunt outlined measures to back business and 'get Britain growing'.

22 Nov

2023 Autumn Statement - the business reaction

Business groups, including the British Chambers of Commerce (BCC), the Federation of Small Businesses (FSB) and the Confederation of British Industry (CBI), have reacted to Chancellor Jeremy Hunt's 2023 Autumn Statement speech.

22 Nov

2023 Autumn Statement - the political reaction

Addressing the House of Commons, Chancellor Jeremy Hunt used the 2023 Autumn Statement to announce a range of measures designed to boost economic growth, reward hard work and strengthen business investment.

21 Nov

Cutting inheritance tax 'not as simple as its proponents suggest', warns IFS

Ahead of the 2023 Autumn Statement tomorrow, the Institute for Fiscal Studies (IFS) has warned that cutting the inheritance tax (IHT) rate 'is not as simple as its proponents suggest'.

20 Nov

Chancellor unveils Back to Work plan

Chancellor Jeremy Hunt recently unveiled the government's new Back to Work plan, which provides 'employment focused support' designed to help people move into work.

17 Nov

Nearly 100,000 taxpayers use HMRC's app to pay self assessment tax bills

Figures published by HMRC have revealed that almost 100,000 taxpayers have paid £121 million using its app since April 2023.

16 Nov

Small firms facing 'sky rocketing business rates bills', warns FSB

The Federation of Small Businesses (FSB) has warned that thousands of small firms face 'sky rocketing business rates bills' unless Chancellor Jeremy Hunt takes action at next week's Autumn Statement.

15 Nov

Inflation falls to two-year low of 4.6%

Data published by the Office for National Statistics (ONS) has revealed that inflation has fallen to a two-year low of 4.6%.

14 Nov

Government agrees 'historic' commitment to crack down on crypto tax evasion

The government has announced that it has agreed an 'historic' commitment with 48 countries to combat criminals using crypto-assets to evade tax.

13 Nov

UK economy stagnates in third quarter of 2023

The UK's economy failed to grow between July and September compared to the previous quarter, according to the latest data from the Office for National Statistics (ONS).

10 Nov

UK requires 'more certain tax system', says CIMA

The Chartered Institute of Management Accountants (CIMA) has called for a 'more certain tax system' to help increase productivity and drive investment in the UK.

09 Nov

UK growth 'in the doldrums', warns think tank

Think tank the National Institute of Economic and Social Research (NIESR) has warned that UK growth will 'remain sluggish' in 2024 as monetary policy tightening 'continues to bite'.

08 Nov

Business groups respond to policies announced in 2023 King's Speech

Business groups, including the Confederation of British Industry (CBI) and the British Chambers of Commerce (BCC), have responded to the policies and changes set out in the 2023 King's Speech.

07 Nov

Real Living Wage increases by 10%

The Real Living Wage has increased by 10% this year, the Living Wage Foundation has announced.

06 Nov

Business group calls for AI training for new skills to be made tax deductible

The Federation of Small Businesses (FSB) has called for artificial intelligence (AI) training for new skills to be made tax deductible for small firms.

03 Nov

Interest rates held at 5.25%

At its latest meeting, the Bank of England's Monetary Policy Committee (MPC) held the base interest rate at 5.25%.

02 Nov

'Digital revolution' priorities for SMEs outlined by BCC

The British Chambers of Commerce (BCC) has outlined is priorities for small and medium-sized enterprises (SMEs) in the ongoing 'digital revolution'.

01 Nov

Insolvencies on track for worst year since 2009

The number of companies going bankrupt this year is on track to be the highest since the depths of the financial crisis in 2009, according to the latest figures from the Insolvency Service.

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Christmas Hours

Please note, Thompson Jenner will be closed for Christmas from 5:15pm on 22nd December, opening again for the new year on 2nd January.