Inflation rate rises to 40-year high of 10.1%

2 years ago
Paul Campbell

The inflation rate rose to 10.1% in the 12 months to July, the highest level since February 1982. The rate…

Small businesses given £21.3bn in Covid local authority grants

2 years ago

Smaller businesses across England received £21.3bn through the Covid-19 local authority business support grants scheme, but fraud levels were high.…

UK insolvencies 33% above pre-pandemic levels

2 years ago

The number of company insolvencies in England and Wales jumped by a third compared to pre-pandemic levels in December 2021…

Changes to VAT penalty regime delayed until 2023

2 years ago

The government has announced plans to delay the introduction of penalties for late submission of VAT returns. The new penalty…

Over half of businesses set to increase prices

2 years ago

Three out of five companies expect to increase their prices in the next three months due to the continuing supply…

Businesses need tax and trade skills for growth

2 years ago

Businesses believe that they will need skills in finance, trade, and taxation to help them navigate business growth over the…

SMEs not returned to pre-Covid turnovers

2 years ago

Accountants believe that more than one in four UK SMEs have still not returned to pre-Covid-19 levels of productivity or…

£1bn support package for businesses hit by omicron

2 years ago

The Chancellor has announced a £1bn support package including grants for the hospitality sector and a sick pay rebate scheme…

Bank of England raises base rate to 0.25%

2 years ago

The Bank of England has raised the bank base rate for the first time in three years to 0.25%, despite…

Furlough scheme supported 11.7m jobs but mistakes will be costly

2 years ago

The latest figures on use of the Coronavirus Job Retention Scheme show that 11.7m jobs were supported by furlough throughout…