Chancellor Rachel Reeves declared she would go 'further and faster' to deliver on the government's growth ambitions during a speech at Siemens' Healthineers in Oxfordshire on 29th January. In her speech, she outlined plans to review the government's Green Book guidance on appraising public … [Read more...]
News for: General Business News
Pension reforms to encourage funds to increase investment
The Government has announced reforms to occupational defined benefit pension schemes that are managed well that will enable funds to increase their investment in the wider economy. Proposals will see restrictions lifted on well-funded, occupational defined benefit pension funds that are … [Read more...]
Neonatal Leave to become a legal right
As part of a range of reforms to employment rights, Stockport HR consultancy, Cornerstone Resources, explains how businesses will be affected by new day one rights to neonatal care leave. UK Government has announced in January 2025 that Neonatal Leave will become a day one right. Subject to … [Read more...]
WH Smith in talks to sell high street business
National newsagents chain, WHSmith, has confirmed press speculation that it is in negotiations to sell its more than 500 branches on UK high streets. The chain, one of the UK's oldest major retail brands, revealed it is exploring potential strategic options for its high street stores, including a … [Read more...]
Employers in the North West “unprepared” for real-time benefits-in-kind reporting, warns Azets
Employers in the North West have less than 15 months to prepare for compulsory HMRC reporting on payroll expenses and benefits-in-kind, but many are unprepared, warns Lee Stott from the North West tax team at UK accountancy and advisory firm Azets. He said: “This is going to cause a serious … [Read more...]
MAG CEO named among members of new Visitor Economy Advisory Council
The CEO of Manchester Airports Group, Ken O'Toole, is among the tourism sector leaders who will sit on a new government taskforce aimed at spurring on growth in the £74 billion visitor economy. The Visitor Economy Advisory Council met for the first time on 20th January and to boost collaboration … [Read more...]
UK and Switzerland sign agreement to recognise qualifications
A new permanent agreement will ensure UK qualifications are recognised in Switzerland, and vice-versa, making it easier for British professionals to work and do business with the Alpine nation. The UK-Switzerland Recognition of Professional Qualifications Agreement replaces the expired … [Read more...]
CMA to launch investigation into Google search and advertising
The Competition and Markets Authority (CMA) has launched an investigation into whether Google has strategic market status in online search and search advertising. The search engine accounts for more than 90% of all general search queries in the UK, and over 200,000 UK businesses use its search … [Read more...]
Government funding announced to trial uses of AI suited for small businesses
120 projects will receive a share of £7 million in UK Government funding, that will test AI tech applications for small businesses in sectors including agriculture, transport, and construction. Small businesses across the country will be helped to boost their productivity and efficiency through … [Read more...]
SMEs invited to apply for government export awards
UK SMEs selling their goods and services around the world are being invited to enter the Department for Business and Trade’s (DBT) Made in the UK, Sold to the World Awards. The annual awards are open to enter for SMEs until the 9th March, and this year feature two new categories and an expanded … [Read more...]
New Year brings increased business optimism, finds Lloyds Business Barometer
Businesses in the North West have entered the New Year with increased optimism in their prospects and the wider economic picture, according to the findings of Lloyds Bank's Business Barometer survey. Published at the end of December 2024, the high street bank found businesses nationwide had … [Read more...]
5.4 million still to file Self Assessment tax returns
HMRC is reminding the 5.4 millon Self Assessment taxpayers who have not yet filed a return for the 2023-24 tax year to do so before the 31st January 2025. Anyone required to file a tax return for the 2023 to 2024 tax year who misses the 31 January 2025 deadline could face an initial late filing … [Read more...]
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