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Business News

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

Clock ticking on self assessment deadline

With under a week until the self assessment deadline 8.6 million taxpayers have already filed their return for the 2024/25 tax year, according to HMRC.

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Figures reveal significant fall in CGT receipts

Data published by HMRC has revealed that Capital Gains Tax (CGT) receipts fell by 8.4% to £13.646 billion in 2025, down from £14.9 billion in 2024.

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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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