News for: General Business News

The UK economy saw 0.6% growth during the first quarter of 2024 according to the latest GDP data from the Office of National Statistics (ONS). The return to growth for the UK economy brings to an end the short recession in the latter half of 2023 which saw two consecutive quarters of contraction … [Read more...]

New reforms have come into force that will make it cheaper and easier for local councils to buy land to build more affordable housing. Changes coming into effect will allow councils to purchase land through Compulsory Purchase Orders without needing to pay 'hope value' costs. ‘Hope value’ … [Read more...]

Government export credit agency, UK Export Finance (UKEF), has published its new 2024-29 business plan, setting out how it intends to support businesses to secure £12.5 billion in new export opportunities. Through to 2029, UKEF also plans to support businesses deliver £5 billion of investment … [Read more...]

The 27 million UK workers on monthly salaries will have benefited from a cut in the rate of National Insurance in their April payslips. The April cut to National Insurance Contributions, announced in the Spring Budget in March, has seen the rate paid fall from 10% in January (and 12% in April … [Read more...]

The latest company insolvency statistics show that there is 'light at the end of the tunnel' according to Nicola Clark, Restructuring & Insolvency Partner at Azets. The latest government insolvency statistics found there were 1,815 company insolvencies in England and Wales in March 2024, down … [Read more...]

A new online training course as part of the government backed Help to Grow scheme has launched to support small business leaders to develop their management skills. Help to Grow: Management Essentials offers practical tips and resources based on the content of the more in-depth 12-week Help to … [Read more...]

A Code of Practice to ensure fair distribution of tips is set to go before Parliament, with new rules expected to be in place by October 2024. The updated Code of Practice will have legal effect under then Employment (Allocation of Tips) Act 2023, and will make it unlawful for businesses to hold … [Read more...]

The supply and sale of wet wipes containing plastic is it be banned following overwhelming public support during a consultation process. The ban follows similar action on other single-use plastic products: plastic cotton buds, drinks stirrers and straws were banned from 2020, with a ban on some … [Read more...]