Fears over low value imports reform
Removing the UK’s tariff exemption for low value imports could risk pushing up prices, harming small businesses and reducing trade intensity, warns the British Chambers of Commerce (BCC). The government…
Business
Growth in living standards threatened by war in Middle East
The UK is set for a decent increase in living standards this year, but energy price shocks caused by war in the Middle East threaten that growth, according to the…
Government unveils package of youth employment initiatives
The government has unveiled a youth employment drive that aims to create 200,000 jobs for young people and reform apprenticeships. It comes as apprenticeship starts amongst young people are down…
Self-employed gender pay gap is £51 per day
Self-employed women in the UK earn £51 less per day than men on average, according to IPSE, the self-employed association. This means that the average self-employed woman working full time…
Business confidence jumps in January
The confidence of business leaders in both their own organisations and the wider UK economy rose markedly in January, according to data from the Institute of Directors (IoD). The IoD…
Apprenticeship system reform must go further
The government must reform the apprenticeship system to make it fit for the 21st Century, according to a new report published by the British Chambers of Commerce (BCC). The report…
Vaping businesses urged to prepare for Vaping Products Duty registration
HMRC is urging manufacturers, importers, and warehousekeepers involved with vaping products to prepare for new duties. Businesses involved in vaping products can register for Vaping Products Duty (VPD) and the…
Latest guidance for employers
HMRC has published the latest issue of the Employer Bulletin. The February issue has information on various topics, including: Internet link: GOV.UK
Budget choices will determine success of UK’s growth mission, says CBI
Chancellor Rachel Reeves must use the Autumn Budget to make the bold decisions necessary to get the economy firing, says the Confederation of British Industry (CBI). In its Budget submission,…
Self-employed overcounted for decades by official data
Official statistics have overstated the size of the UK’s self-employed population for two decades, according to the Institute for Fiscal Studies (IFS). The share of national income flowing to those…
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