Coventry Building Society has agreed to acquire Manchester-based Co-operative Bank in a £780 million deal. West Midlands-based Coventry Building Society is the UK's second largest mutual and the takeover of Co-operative Bank would make the combined group the country's seventh largest lender with … [Read more...]
News for: General Business News
Treasury to consult on plans to extend VAT relief for business charitable donations
A consultation is set to launch on plans to extend VAT relief for business charitable donations where goods given will go on to be distributed for free. Currently firms do not pay VAT on any goods they donate which are then sold on, such as clothes, hygiene supplies and cleaning products. … [Read more...]
Inflation falls to two-and-a-half year low
The annual rate of inflation fell to 3.2% in March 2024, according to the latest Consumer Price Index (CPI) figures from the Office of National Statistics (ONS), its lowest level in two and a half years. The latest fall represents a 0.2 percentage-point drop on February's figures, with March's … [Read more...]
£1.5 million investment announced to improve in-work health services
Five projects are being supported with a total of £1.5 million government funding as part of investment into occupational health services and reducing in-work sickness. Funding will support new and innovative ways to improve occupational health services which can eventually be scaled-up and made … [Read more...]
Early Easter boosts March retail sector performance
An early Easter has helped deliver a strong March for the retail sector, according to analysis from the British Retail Consortium (BRC). The BRC's analysis for the five weeks from 25 February to 30 March 2024 found retail sales were up 3.5% on the same period in 2023, and above both the 12-month … [Read more...]
National Insurance rate cut takes effect for 29 million workers
Approximately 29 million people will benefit from paying a reduced rate of National Insurance from 6th April following announcement of the cut in the Spring Budget. The main rate of employee National Insurance has dropped to 8% for employees, down from 10% as of January 2024, and 12% this time … [Read more...]
John Lewis Partnership appoints new Chairman
Retail group, John Lewis Partnership, has appointed Tesco executive Jason Tarry as the retailer's new Chairman, replacing Sharon White who will step down at the end of her term in September. Jason Tarry brings over 33 years experience at the supermarket, most recently as UK & Ireland CEO for … [Read more...]
Energy Ombudsman support to expand to cover all businesses with fewer than 50 employees
Small businesses with fewer than 50 employees will be entitled to free support from the Energy Ombudsman on disputes with their energy supplier under an expansion of the scheme. The change is part of a joint effort by government and energy sector regulator, Ofgem, to tackle unfair practices … [Read more...]
Network Rail sets out £45 billion improvement plan
Network Rail has announced the start of a £45.4 billion five-year rail improvement plan, aimed at improving reliability of the network and ensuring resilience against climate change and more frequent extreme weather. Through to 2029, Network Rail has committed to investing around £2.8 billion in … [Read more...]
Women’s pension pots worth half of men’s, finds Handelsbanken
Women significantly lag men in terms of their pensions savings, new research conducted for Handelsbanken Wealth & Asset Management has found. Among women who have a pension, their savings are typically much smaller than their male counterparts’, according to the firm’s latest report, Gender … [Read more...]
Basic tech skills gaps restricting productivity of UK SMEs, finds Sharp
A lack of basic tech skills is having a negative impact on productivity in nearly four in ten firms according to UK research from Sharp. The insights from over 500 UK small and medium sized enterprises (SMEs) see the ability to use everyday tools effectively, such as the Microsoft 365 suite of … [Read more...]
Increase to VAT threshold takes effect
An uplifted VAT threshold of £90,000 has taken effect from 1st April 2024 that is expected to lift 28,000 small businesses out of paying VAT. The £5,000 increase in the threshold was announced in the Spring Budget and puts the UK's VAT threshold at the joint highest level of any OECD … [Read more...]
- « Previous Page
- 1
- …
- 25
- 26
- 27
- 28
- 29
- …
- 237
- Next Page »