Business groups give mixed response to Spring Statement

The UK's business groups gave a mixed response to Chancellor Rishi Sunak's Spring Statement speech.

Shevaun Haviland, Director General of the British Chambers of Commerce (BCC), said:

'The…

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Energy price cap set to rise to £2,800 in October

The energy price cap is now expected to rise to around £2,800 in October, according to the UK's energy regulator.

Jonathan Brearley, Chief Executive of Ofgem, warned MPs on the Commons business…

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Latest guidance for employers

HMRC has published the latest issue of the Employer Bulletin. The June issue has information on various topics, including:

  • PAYE
  • paying Class 1A National Insurance…

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Insurer warns of rise in fraudulent claims amid cost-of-living crisis

Insurer Zurich UK has stated that there has been a significant increase in the number of fraudulent claims as a result of the cost-of-living crisis.

Zurich found that between 1 January and…

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New PM must restore confidence, say business groups

The UK's new Prime Minister Rishi Sunak must restore confidence in the country's economy, say business groups.

Mr Sunak will have to deal with a range of issues stemming from inflation and…

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UK businesses anticipate growth in exports

A significant number of UK businesses that trade internationally expect to see an increase in their exports over the coming year, according to an Institute of Directors (IoD) survey.

The survey…

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Small firms 'facing challenges when applying for financing'

Many small firms in the UK face challenges when it comes to finding and applying for funding, according to a report published by the Federation of Small Businesses (FSB).

The FSB's report…

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Inflation remains close to 40-year high

Inflation remains close to a 40-year high despite falling in January, according to the latest data from the Office for National Statistics (ONS).

The ONS found that inflation fell to 10.1%…

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Small businesses at risk as energy costs rise

The end of the Energy Bill Relief Scheme (EBRS) on 1 April could threaten the future of hundreds of thousands of small firms, according to research by the Federation of Small Businesses (FSB).

The…

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