Areas across the UK are being invited to bid for up to £20 million in funding to boost innovation and research and drive local economic growth. UK Research and Innovation (UKRI) is inviting local and regional partnerships to bid for government funding from the Local Innovation Partnerships Fund. … [Read more...]
News for: General Business News
HMRC webinars to prepare Self Assessment taxpayers for Making Tax Digital
Self Assessment taxpayers are being invited to upcoming webinars ahead of requirements to use Making Tax Digital (MTD) to declare their income and pay any tax owed to HMRC. Legal requirements for anyone with income from property or self-employment to use Making Tax Digital are set to come into … [Read more...]
New digital ID scheme to be rolled out across UK
The government has announced its intention to launch a new digital ID scheme designed to “help combat illegal working while making it easier for the vast majority of people to use vital government services.” Digital ID, held on people’s phones, will be mandatory for Right to Work checks and … [Read more...]
New water efficiency standards proposed for housebuilders
A consultation has launched on raising standards for housebuilders that will require new homes to feature more water-saving measures. Changes to Building Regulations being proposed will mandate features such as aerated taps and showerheads, and dual flush toilets in new homes as part of measures … [Read more...]
Azets responds to latest insolvency figures
With 5.9% more corporate insolvencies than last August according to Government insolvency figures, Jonathan Amor, Restructuring Partner at international accountancy and business advisory group Azets, has advised that getting advice when a business first shows signs of financial distress gives the … [Read more...]
Bank of England holds interest rates at 4%
The Bank of England's Monetary Policy Committee (MPC) has announced it has voted to hold its base interest rate at 4%. On 18th September, economists voted seven to two in favour of keeping rates at their current level, with those voting against the decision preferring for a further rate drop. … [Read more...]
Employment rights reforms return to Commons
The government's landmark employment rights reforms have moved closer to becoming law as the Employment Rights Bill returns to the House of Commons. The changes set out in the Employment Rights Bill include establishing day one rights to parental and bereavement leave, extending sick pay for up … [Read more...]
Chancellor commits to reform of Small Business Rates Relief
A new report published by the Treasury has set out that the Chancellor will reform business rates in her upcoming Budget to fix "cliff edges" faced by small businesses as they grow. Currently when a business opens a second property, they lose access to all Small Business Rates Relief (SBRR), … [Read more...]
Relaunch of UK-China trade talks offers boost for exporters
Business and Trade Secretary Peter Kyle will use the first UK-China Joint Economic and Trade Commission (JETCO) since 2018 to press for British businesses to have greater access to the Chinese market. The relaunch of trade talks with the world's second largest economy aims to give British … [Read more...]
Emergency Alert system test to take place on 7th September
The UK government will be carrying out a national test of the Emergency Alert system on Sunday 7 September at 3pm. The Emergency Alerts system is used to warn if there’s a danger to life nearby, including extreme weather. Regular testing ensures the system is functioning correctly, should it need … [Read more...]
British AI companies secure record levels of investment
British AI firms secured record levels of investment in the last year, and brought in £11.8 billion to the UK economy. A total of £2.9 billion in private support and average deals worth £5.9 million has set the stage for further investment and new opportunities for both AI companies and financial … [Read more...]
Chancellor confirms date for Autumn Budget
Chancellor of the Exchequer, Rachel Reeves, has confirmed the date of this year's Autumn Budget: Wednesday 26th November 2025. Alongside the announcement of the Budget date, Chancellor also published a short video, setting out the current state of the economy, and her and the government's … [Read more...]
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