Business News

This section contains the latest business news stories.

02 Oct 2023

UK economy 'grew faster since start of Covid pandemic than originally thought'

Data published by the Office for National Statistics (ONS) has revealed that the UK economy grew at a faster rate since the beginning of the Covid-19 pandemic than experts had anticipated.

29 Sep 2023

BCC unveils proposals aimed at creating a more efficient business investment system

The British Chambers of Commerce (BCC) has unveiled new proposals designed to create a 'more effective and efficient system to boost business investment'.

28 Sep 2023

Less than 1% of small firms receiving net zero help

Less than 1% of small firms have benefitted from key local support schemes across England on net zero, according to research from the Federation of Small Businesses (FSB) and Warwick Business School.

27 Sep 2023

Chancellor planning ISA 'overhaul', reports suggest

Chancellor Jeremy Hunt is planning significant ISA reforms, according to recent reports.

26 Sep 2023

Firms 'will look to Autumn Statement for measures to help with rising operating costs'

Small firms will look to the upcoming Autumn Statement for signs that the government understands their operating concerns, says the Federation of Small Businesses (FSB).

25 Sep 2023

IoD outlines 'top five policy recommendations' to help drive economic growth

Business group the Institute of Directors (IoD) has outlined its top five policy recommendations to help spur sustainable economic growth

22 Sep 2023

Interest rates held at 5.25%

UK interest rates have been left unchanged at 5.25% by the Bank of England's Monetary Policy Committee (MPC).

21 Sep 2023

HMRC urges nearly 430,000 young people to claim Child Trust Fund cash

HMRC has urged almost 430,000 young people with an unclaimed Child Trust Fund (CTF) to claim their cash.

20 Sep 2023

UK inflation rate falls to 6.7%

The UK rate of inflation fell to 6.7% in the year to August 2023, data published by the Office for National Statistics (ONS) has revealed.

19 Sep 2023

Autumn Statement to be a 'watershed moment' for small business support

The Federation of Small Businesses (FSB) has stated that the upcoming Autumn Statement will be a 'watershed moment' for the government in regard to it proving its small business support credentials.

18 Sep 2023

IoD reacts to changes to Corporate Governance Code

The Institute of Directors (IoD) has responded to changes to the UK Corporate Governance Code submitted for consultation by the Financial Reporting Council (FRC).

15 Sep 2023

Number of cash transactions rises for first time in a decade

Data published by UK Finance has revealed that the number of payments made with cash rose for the first time in a decade in 2022.

14 Sep 2023

Government slow to recover over £1 billion Covid grant fraud

The government has been slow to recover losses of £1.1 billion from fraud and error in Covid grant schemes, according to MPs in the Public Accounts Committee (PAC).

13 Sep 2023

UK economy shrank in July, official data shows

Data published by the Office for National Statistics (ONS) has revealed that the UK economy shrank more than experts had expected in July as a result of strike action and wet weather.

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