The Consumer Price Index (CPI), the Office of National Statistics' (ONS) headline rate of inflation, has held at 4% in January, despite forecasts predicting a small rise. A small rise in inflation in January had been expected as a result of the increase in Ofgem's energy price cap pushing up … [Read more...]
News for: General Business News
Azets research reveals UK gap in succession planning
New research by UK top ten accountancy and advisory firm Azets has revealed that fewer than one in ten UK businesses have succession planning fully integrated into their strategy, despite 30% of companies demonstrating a widespread recognition of its importance. The Azets Barometer January 2024 … [Read more...]
New biodiversity rules take effect for major housing schemes
New rules have come into effect that will require housing developers to demonstrate biodiversity gains of their schemes as part of the planning process. Biodiversity Net Gain rules will require developers in England to both minimise their impact on nature, and to create new habitats or enhance … [Read more...]
Handelsbanken yields record UK annual results
Local relationship bank Handelsbanken has reported its best ever UK annual results, despite a challenging economic backdrop both at home and abroad. Handelsbanken’s relationship-driven model and emphasis on customer satisfaction has proved resilient, with the bank posting its highest ever income, … [Read more...]
Further funding will support regulation and advancement of AI
Following the government's AI Regulation White Paper consultation and the establishment of the AI Safety Institute, UK regulatory bodies are to receive additional funding to address challenges of artificial intelligence. £10 million will fund work to prepare and upskill regulators to address the … [Read more...]
Consultation launches on plans to boost terrorism preparedness for venues
A six-week consultation has launched on proposals that will require events spaces and venues to have proportionate plans in place to protect the public from terrorism. Dubbed Martyn's Law for Stockport-born Martyn Hett who was among the 22 killed during the 2017 Manchester Arena bombing, the new … [Read more...]
National Apprenticeship Week 2024 begins with theme of ‘Skills for Life’
National Apprenticeship Week 2024 is taking place from 5th to 11th February; this year's theme is 'Skills for Life'. The annual week-long celebration of apprenticeships is now in its 17th year of highlighting the value, benefit and opportunity that they bring. The theme for National … [Read more...]
New Help to Grow schemes launch as part of boost for small businesses
New Help to Grow management courses have launched as part of a range of government support for small businesses. Announced in the Autumn Statement, Help to Grow: Management courses offer 12-week programme to improve SME leadership and management skills, 90% subsidised by government. The Help … [Read more...]
Six month alcohol duty freeze takes effect
Pub and hospitality venues will benefit from a six month freeze to alcohol duty until 1st August 2024. The duty freeze takes effect from 1st February 2024, and follows last year's reform of alcohol duty to ensure duty paid reflects the alcohol content of drinks. Reforms also cut duty on pints in … [Read more...]
National Insurance rate cut takes effect in January payslips
January payslips have seen workers across the UK pay a reduced rate of National Insurance for the first time since the rate cut announced last year took effect. The government announced it would cut National Insurance by 2p from 12% to 10% at the 2023 Autumn Statement – for the average salaried … [Read more...]
Nearly half a million to miss Self Assessment deadline, finds Handelsbanken
More than 475,000 self-employed people believe they will miss the deadline for completing self-assessment tax returns and paying any money owed, research conducted on behalf of Handelsbanken Wealth & Asset Management has found. Less than a fortnight before the 31st January deadline, HMRC … [Read more...]
Smart devices consumer protection rules to come into effect in under 100 days
The UK is set to be the first country to introduce specific regulations and consumer protection government smart internet-enabled devices and technologies. From 29th April 2024, the regulatory regime introduced through the Product Security and Telecommunications Infrastructure Act (PSTI) 2022 and … [Read more...]
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