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Business News

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

Exporters toiling before outbreak of Iran war

The UK's exporters were already experiencing challenging trading conditions before the Iran War broke out, according to research by the British Chambers of Commerce (BCC).

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Data shows UK economy grew faster than expected

Data published by the Office for National Statistics (ONS) has revealed that the UK economy grew faster than experts had anticipated ahead of the war in Iran.

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Higher energy prices could leave British households worse off this year

Higher energy prices due to the conflict in the Middle East are set to make the median working-age British household £480 worse off this year, according to the Resolution Foundation.

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New employment law creating recruitment challenge

Almost three-quarters of firms say they experienced hiring difficulties in the first quarter of this year, according to the British Chambers of Commerce (BCC).

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Countdown to taxation of benefits-in-kind via the payroll underway

There is now less than a year to go before all employers must tax benefits-in-kind via the payroll, the Chartered Institute of Taxation (CIOT) has warned.

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UK businesses should apply now for Vaping Products Duty

Vaping-related businesses and supply chains need to register now for Vaping Products Duty (VPD) and the Vaping Duty Stamps (VDS) Scheme, says HMRC.

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New procurement rules offer SMEs hope

The government's new procurement rules that target opportunities for smaller businesses offer hope to SMEs, according to the British Chambers of Commerce (BCC).

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Gains in business confidence 'at risk'

Data published by the Federation of Small Businesses (FSB) has revealed that confidence amongst small firms rose slightly in the first three months of 2026, but could fall without government intervention.

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BCC warns of growing threat to entry-level jobs in the age of AI

The rapid adoption of AI is driving a sharp decline in entry-level jobs and worsening the long-standing UK challenge of skills shortages, warns the British Chambers of Commerce (BCC).

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