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Business News

The latest Business and Finance news making the headlines in the UK

Firms reducing headcount at 'fastest pace since pandemic'

Firms reducing headcount at 'fastest pace since pandemic'

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E-invoicing will be fundamental change for VAT-registered businesses

The mandatory introduction of e-invoicing for all VAT-registered businesses selling to UK business customers from April 2029 will be a fundamental change, says the Chartered Institute of Taxation (CIOT).

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Still time to start self assessment returns, says HMRC

Although there are less than two months until the self assessment deadline there is still time to start an accurate return, says HMRC.

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Spending cuts and tax rises to serve as headwinds to economy

A report published by the Organisation for Economic Co-operation and Development (OECD) has suggested that tax rises and spending cuts announced by Chancellor Rachel Reeves will serve as headwinds to the UK economy.

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Director confidence 'near record low'

A report carried out by the Institute of Directors (IoD) has found that confidence amongst business directors is at a near record low.

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MTD penalties waived for first year of Income Tax

Self assessment taxpayers due to join Making Tax Digital for Income Tax (MTD for IT) next April will not face penalties if late filing quarterly updates.

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Chancellor 'choosing to spend more and borrow more', says think tank

In its response to the 2025 Autumn Budget, the Institute for Fiscal Studies (IFS) has stated that Chancellor Rachel Reeves is 'choosing to spend more and borrow more' than she previously said she would.

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View our 2025 Autumn Budget Report

Chancellor Rachel Reeves delivered her 2025 Autumn Budget speech yesterday, outlining a range of financial measures.

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2025 Autumn Budget - what to expect

Chancellor Rachel Reeves will present the 2025 Autumn Budget today. We will keep you up to date on the key Autumn Budget announcements and supply a summary, which will appear on our website.

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