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News

25 Nov 2016

Nearly a third of payments to small businesses are late, FSB report finds

A new report by the Federation of Small Businesses (FSB) claims that existing government policies have had no discernible effect on tackling what it calls the UK’s ‘poor payment culture’, with small businesses reporting that, on average, 30% of payments are typically late, compared with 28% in 2011.

24 Nov 2016

2016 Autumn Statement: Chancellor changes rules governing benefits-in-kind

In his Autumn Statement speech, Chancellor Philip Hammond announced plans to significantly tighten the rules that currently govern benefits-in-kind (BiK) and salary sacrifice.

24 Nov 2016

View our summary of the 2016 Autumn Statement

Chancellor Philip Hammond delivered his Autumn Statement yesterday, marking his first major fiscal event.

23 Nov 2016

Chancellor presents Statement for 'new chapter in Britain's history'

The new Chancellor of the Exchequer, Philip Hammond, acknowledged 'sharp challenges ahead' for the economy as he presented his first major fiscal statement.

23 Nov 2016

2016 Autumn Statement: the economic picture

In his first major fiscal statement, Chancellor Philip Hammond outlined a range of measures to support the economy as the UK prepares to face the challenges presented by the Brexit vote.

23 Nov 2016

2016 Autumn Statement: the political reaction

Responding to the Statement that was heralded as a ‘mini-Budget’, leaders of the Labour Party, the Liberal Democrats and the Green Party have commented on a range of significant changes made by Chancellor Philip Hammond.

23 Nov 2016

2016 Autumn Statement: the business reaction

Business groups have responded to the upcoming changes announced in Chancellor Philip Hammond’s Autumn Statement speech.

23 Nov 2016

Chancellor to present Autumn Statement today

Chancellor Philip Hammond is set to present his first Autumn Statement later today, which will outline his priorities for spending, taxation and the UK economy.

22 Nov 2016

Significant rise in long commutes to work, TUC reveals

The number of workers with daily commutes of two hours or more has risen by 31% over the past five years, analysis from the Trades Union Congress (TUC) has revealed.

21 Nov 2016

Chancellor expected to announce plans to ban pension cold calling

Chancellor Philip Hammond is expected to use the forthcoming Autumn Statement to announce plans to ban businesses from cold calling retirees.

18 Nov 2016

Savers should be warned about Lifetime ISA risks, financial regulator suggests

The Financial Conduct Authority (FCA) has suggested that Lifetime ISA providers should warn savers of the potential risks associated with the new savings vehicle.

17 Nov 2016

CBI calls for investment as unemployment figures hit record low

UK unemployment fell by 37,000 to 1.6 million in the three months to September, its lowest level for 11 years, according to data published by the Office for National Statistics (ONS).

16 Nov 2016

Government launches new digital service to help small businesses export

The Department for International Trade (DIT) has launched a new online platform designed to help UK businesses with exporting.

15 Nov 2016

1% pension exit fee cap confirmed by FCA

Early exit charges for individuals withdrawing money from their pension pot will be capped at 1%, the Financial Conduct Authority (FCA) has confirmed.

14 Nov 2016

Businesses risk losing key staff due to 'high cost of childcare'

Businesses risk losing key employees due to the ‘high cost of childcare’, the British Chambers of Commerce (BCC) has warned.

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