£177.6 million lost to impersonation scams in 2022
£177.6 million was lost to impersonation scams in 2022, data published by trade association UK Finance has revealed. The data showed that there were 45,367 cases of impersonation scams in…
Business
No sign of hiring difficulties easing, says BCC
Businesses are still facing major difficulties in hiring new staff, according to a survey conducted by the British Chambers of Commerce (BCC). The latest Quarterly Recruitment Outlook (QRO), a survey of…
Online VAT filing portal to close in May
HMRC has reminded businesses that file VAT returns annually that the online VAT filing portal will close from 15 May 2023. The VAT portal closed to standard quarterly filers on 7 November…
Summer 2023 Newsletter
It’s taking a while to shake off colder temperatures, although there are glimpses of warmer weather ahead. The same might be said of the economy, with the Office for Budget…
Small businesses at risk as energy costs rise
The end of the Energy Bill Relief Scheme (EBRS) on 1 April could threaten the future of hundreds of thousands of small firms, according to research by the Federation of…
Two freeports confirmed for Wales
Two freeports have been confirmed for Wales by the UK and Welsh governments. Celtic Freeport, covering Milford Haven and Port Talbot, and Anglesey Freeport will each be backed by £26…
Bank of England raises UK interest rates to 4.25%
Interest rates have been increased to 4.25% from 4% by the Bank of England (BoE) as it tries to slow rising prices. The BoE’s decision to increase rates for the…
Business groups welcome Spring Budget
The UK’s business groups largely welcomed the measures taken in the Chancellor’s Spring Budget. The Confederation of British Industry (CBI) branded the Budget as a ‘strong second act’ in Mr Hunt’s plan for…
Budget 2023 Guide
The Spring Budget was delivered by the Chancellor Jeremy Hunt on Wednesday 15 March. After presenting a Budget-in-all-but name with the Autumn Statement, the Spring Budget was delivered against the…
Budget 2023 Key measures at a glance
Following Jeremy Hunt’s budget earlier today we have summarised below the key announcements he has made: Our full detailed guide on the Budget and our Tax Tables will be on…
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