While the overall rate of retail sales has gone up in Britain during the countdown to Christmas, performance was weaker than initial predictions had stated, according to the Confederation of British Industry (CBI).
According to a recent study conducted by the Confederation of British Industry (CBI), the UK’s level of economic recovery could face barriers such as the higher costs employers will have to pay for the new national living wage.
It would be fair to say that it’s been a turbulent year for HM Revenue & Customs (HMRC). Continue reading Survey puts spotlight back on HMRC’s helpline
According to the Office for National Statistics (ONS), property price growth picked up pace in October, with indications showing that there has been a surge in buy-to-let property purchases ahead of tax changes that will affect the sector. Continue reading ONS: rate of house prices growth is ‘speeding up’
According to the Office for National Statistics (ONS), the inflation rate for the UK increased to 0.1 per cent last month for the first time in four months. Continue reading November sees UK inflation rate rise
Recent statistics have revealed that the largest UK businesses paid £80.5 billion in taxes this year, despite recent corporation tax cuts. Continue reading Businesses feel the pressure despite Government cuts to corporation tax
The UK has received a report from the International Monetary Fund (IMF) which outlines possible risks to its period of economic strength continuing, despite being praised for the progress made so far. Continue reading UK receives IMF warning regarding risks to its strong economic progress
Small Business Saturday has been hailed a major success, with around £623million spent with small businesses on the day. Continue reading Annual campaign goes from strength-to-strength
A Government proposal could mean that an increase in the level of VAT applied to solar panels in UK homes is soon introduced. Continue reading Domestic solar installations could be subjected to large VAT hike
The British Chambers of Commerce (BCC) has downgraded its UK gross domestic product (GDP) growth forecast for the year to 2.4 per cent, from a previous prediction of 2.6 per cent Continue reading BCC: UK growth too reliant on consumer debt