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Business News

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

Tax timebomb poses existential threat to high streets, government warned

Small businesses such as cafes, shops and hairdressers are facing three years of business rates misery with an average 52% hike in bills, analysis from the Federation of Small Businesses (FSB) has revealed.

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Inflation rises to 3.4%

Data published by the Office for National Statistics (ONS) has revealed that inflation rose to 3.4% in the year to December.

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Government must ramp up its growth strategy, says think tank

Despite falling behind its peers, the UK economy could be on the brink of a turnaround so the government must up rather than run-down its growth strategy, says the Resolution Foundation.

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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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