Stockport based Hallidays' latest financial news and business tips includes tax changes in the Scottish Budget, guidance for the Brexit transition period and some of the more unusual excuses that have been given to HMRC to justify expenses claims. Scottish BudgetMinister for Public Finance and … [Read more...]
News for: General Business News
Digital and creative sectors outpacing rest of UK economy
New figures released by the Department of Culture, Media and Sport (DCMS) reveal that the digital and creative sectors are two of the fastest growing areas of the UK economy. The figures showed the creative sector, which includes advertising, marketing and media, contributed £111.7 billion to the … [Read more...]
Late payments bill proposed to support SMEs
A private members bill in the House of Lords has been introduced to offer greater support to small- and medium- enterprises, to protect them from late payments, often by larger organisations. The bill, proposed by Lord Mendelsohn, would reduce the statutory limit for payment of invoices to 30 … [Read more...]
Santa delivers stress and sick leave to UK workers
According to research by Benenden Health, the pressures of juggling family, health and care demands are a major cause of stress and unplanned absences from work in the run-up to the festive period, with one in eight UK workers taking sick leave at Christmas. One in seven businesses reported … [Read more...]
Bank of England stress tests proposed for risks of climate change
The Bank of England has published a discussion paper to set out its proposals for stress testing the UK’s financial institutions' resilience to climate-related risks. The framework will form the basis of the 2021 Biennial Exploratory Scenario (BES). This stress test will examine how the largest … [Read more...]
Construction Industry Forecast has positive outlook after election
Construction sector analysts, Glenigan, have announced a rise in their Construction Industry Forecast for 2020-21 because of reduced uncertainty and pledges on investment in the built environment following the recent general election results. The update forecasts indicate a 2% rise in the value … [Read more...]
Government announces grants to help protect properties from flooding
As parts of the UK record their wettest November ever, the government has announced that flood-hit businesses and homes and businesses will be able to receive up to £5,000 to help protect them from future flooding. The grants, which will be made available through local authorities from the end of … [Read more...]
UK: Inflation Report to become Monetary Policy Report
From 7 November, the Bank of England Inflation Report is to become the Monetary Policy Report. The Report is also to undergo some changes to its structure and content.These changes are part of the Bank of England's ongoing efforts to improve its communications and ensure that those outside the … [Read more...]
UK: multi-million investment fund open for Academies and sixth form colleges
Academies and sixth form colleges across England can now bid for a share of more than £400 million to transform facilities, improve school buildings and create more good school places. The Department for Education has launched the latest round of the Condition Improvement Fund – the last of which … [Read more...]
UK: £1 billion deal set to solve poor rural mobile coverage
Poor rural mobile phone coverage will be a thing of the past as the Government champions a £1 billion deal with the mobile phone industry to banish rural not-spots. Moves to cement plans to give high-quality 4G coverage to 95 per cent of the UK by 2025, meaning consumers will get good 4G signal … [Read more...]
HMRC: Get your ducks in a row, with 100 days to go
HMRC is urging people to get their Self Assessment return in early to beat the Christmas and New Year rush, with 100 days to go until the 31st January deadline Last year more than 2,000 people sent HMRC their tax returns on Christmas Day! Customers should consider submitting their returns … [Read more...]
Government looks to take over management of Northern Rail
Northern Rail looks likely to lose its franchise following intervention by the Transport Secretary. Following comments made by Transport Secretary Grant Shapps at the House of Commons Transport Select Committee, the Government lay take over the management of Northern Rail. Mr Shapps has asked … [Read more...]
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