Business News

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

HMRC app sees 65% rise in self assessment payments

HMRC is reminding taxpayers due to submit their self assessment tax returns that there are many different payment options ahead of the 31 January deadline.

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Cost hikes denting small business confidence

Small businesses are facing a tough start to 2026 as confidence slumps in the face of cost hikes, research by the Federation of Small Businesses (FSB) has shown.

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UK economy grew by 0.3% in November

The UK economy grew by 0.3% in November after car production rebounded and the services sector got a boost, according to data from the Office for National Statistics (ONS).

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Employment Rights Act 'will deliver £10 billion in benefits'

The Employment Rights Act will help to deliver an estimated £10 billion boost to the UK economy, the Trades Union Congress (TUC) has stated.

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Over 4,800 self assessment scams reported

More than 4,800 self assessment scams have been reported since February 2025, according to data released by HMRC.

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Anxiety over business rates hits record high

A poll carried out by the British Chambers of Commerce (BCC) has revealed that business rates anxiety has hit a record high, with 34% of firms worried about their rates.

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Trading with EU getting harder, firms say

A survey carried out by the British Chambers of Commerce (BCC) has found that 54% of exporters in the UK think the UK-EU trade deal is adversely affecting their sales.

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HMRC app usage surged in 2025

Use of the HMRC app surged last year as millions of users downloaded it for the first time, according to the tax authority's figures.

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More clouds gathering over business confidence

Confidence among firms has continued to weaken, with tax remaining the biggest concern, according to the British Chambers of Commerce (BCC).

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