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You are here: Home / Archives for News / General Business News

News for: General Business News

November 23, 2023

Chancellor sets out Autumn Statement

Chancellor of the Exchequer, Jeremy Hunt, has set out his plans for the economy in his Autumn Statement, presented to the House of Commons on Wednesday 22nd November. Addressing the House of Commons, the Chancellor outlined proposals to grow the economy through boosts to productivity, and to … [Read more...]

Greater Manchester hosts first UK hub for sustainability and tech global startup accelerator

November 23, 2023

Business leaders responds to Autumn Statement

Business leaders from across the North-west and nationwide have shared their reactions to 22nd November's Autumn Statement from the Chancellor of the Exchequer. Chancellor Jeremy Hunt announced a number of tax cuts and investment plans in the light of the economy having performed better than … [Read more...]

Nearly 10% rise announced for National Living Wage

November 22, 2023

Nearly 10% rise announced for National Living Wage

The National Living Wage will rise by 9.8% in April 2024 to £11.44 per hour for workers aged 21 and over, the largest single increase in the statutory minimum rate of pay since its inception. Following the publication of the Low Pay Commission's recommendations on the rates that the National … [Read more...]

£4.5 billion investment announced for UK manufacturing

November 20, 2023

£4.5 billion investment announced for UK manufacturing

The UK government has announced a £4.5 billion package of investment across eight UK manufacturing sectors between 2025 and 2030, including the automotive, aerospace, and clean energy sectors. The automotive industry is the largest recipient of funds, securing over £2 billion, while the aerospace … [Read more...]

HMRC Self Assessment Tax Returns

November 17, 2023

Over £121 million in Self Assessment tax payments made since April using the HMRC app

Nearly 100,000 customers have made £121 million in Self Assessment tax payments using the HMRC app, according to the UK tax authority's latest figures. Between April and September 2023, 97,365 customers have used the app to settle their tax bill for the 2022 to 2023 tax year, with more than three … [Read more...]

Photo by DeepMind on Unsplash

November 16, 2023

2,500 new places open to applicants on AI and data science courses

An estimated 2,500 people are to develop new digital skills through government funding for new AI and data science conversion courses. £13.5 million funding will be shared among 18 universities in England to help more people find employment in the fast-growing AI and data science sectors, … [Read more...]

Food price rises drive inflation back up

November 15, 2023

Inflation falls to 4.6% in October

The Office of National Statistics' (ONS) headline measure of inflation, the Consumer Price Index (CPI), has fallen to 4.6% in October, less the half the rate of price growth seen at the start of 2023. The latest CPI data shows inflation having fallen 2.1 percentage points form 6.7% in September. … [Read more...]

May GDP data reveals stagnation in UK economy

November 10, 2023

Latest UK GDP data shows zero growth in third quarter of 2023

The latest GDP data published by the Office of National Statistics (ONS) shows the UK economy has seen no growth in output in the three months from July to the end of September 2023. The latest data from the ONS shows the economy grew just 0.2% during September 2023, and 0.1% in August, balancing … [Read more...]

New retrofitting courses launched to upskill Greater Manchester workforce

November 10, 2023

£200 million funding announced to support in-demand skills training

£200 million funding for colleges and universities has been announced to offer training opportunities in key industries facing skills shortages. Targeted investment by the Department for Education announced on 10th November will match up will skills shortages and priority sectors identified by … [Read more...]

Government plans amendments to retained EU employment legislation

November 9, 2023

Government plans amendments to retained EU employment legislation

The UK government has announced proposals to amend retained EU rules around employment legislation as part of ongoing post-Brexit divergence from mainland Europe. Changes put forward including include reducing record keeping requirements and simplifying calculations of annual leave and holiday … [Read more...]

Northern Rail Train refurbishment project

November 8, 2023

New minimum service levels announced for strikes in key public services

The government has announced new guaranteed minimum service levels for a range of public services during strike action to mitigate the disruption to the public during industrial disputes. Minimum service levels are proposed for rail, ambulance and border security staff, and seek to balance the … [Read more...]

Valuation Office Agency encourages businesses to register online

November 7, 2023

Businesses encouraged to register online to manage rates valuation account

The Valuation Office Agency is encouraging businesses to register online to ensure information about their property is up to date. The Valuation Office Agency provides the government the valuations and property advice needed to support taxes such as council tax and business rates. The … [Read more...]

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