Business news
Latest developments
Our news section is updated on a daily basis, keeping you in the loop with any breaking news which may affect you.
Black Friday sees upturn in retail sales
Spending data shows a 33% increase in retail footfall.Inheritance tax receipts rise by £4.1bn
The increase comes just months before the threshold freeze.One in four small firms fear closure
Small firms’ survival depends on Government support.Companies urged to file accounts online
Accounts must be submitted by 31 December.Manufacturing sector facing a tough winter
Despite a rise in output volumes, production is expected to decline.Five-year mortgage rates fall below 6%
New data indicates mortgage rates are returning to normal.Tax take soars to £432.8bn
Total tax take for 2021/22 so far is £41.5bn higher than last year.OBR report confirms UK in recession
Economic recovery expected in late 2024.Chancellor sets out tax freezes and spending cuts
Government plans aim to promote fiscal stabilityHMRC to change salary advance reporting requirements
The legislation aims to reduce administrative burdens.
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