The Office of National Statistics' (ONS) Consumer Price Index (CPI) measure of inflation fell in November to 10.7%, thanks in part to falling prices of petrol and diesel prices. The latest ONS figures recorded a 0.4 percentage-point drop in the rate of inflation, which hit 11.1% in October after … [Read more...]
News for: General Business News
Get your Self Assessment wrapped up in time for Christmas, urges HMRC
With more than 2,800 Self Assessment taxpayers completing their tax returns on Christmas Day last year, HMRC is inviting customers to get the submission completed early in order to enjoy the festivities. Self Assessment customers need to complete their tax return and pay any tax owed by the 31 … [Read more...]
£1.97 million awarded to support women in the workplace
16 organisations in England have been awarded a share of £1.97 million government funding to support women experiencing reproductive health issues in the workplace. Funds will support organisations supporting women to remain in or return to the workplace through and following pregnancy, pregnancy … [Read more...]
£490 million announced to invest in teaching facilities at universities and colleges
Universities and colleges across England will benefit from a £490 million investment from government to deliver new facilities and support training opportunities. One hundred colleges and universities have today (8 December) been awarded a share of £432 million to invest over the next three years … [Read more...]
1 in 4 SME business owners report cost of living crisis impacting their wellbeing as well as their business
A survey by HSBC of UK small business owners has found that 1 in 4 have reporting the current cost of living crisis is taking a toll on their wellbeing. Around two-fifths of business owners reported that rising inflation and a decline in consumer spending (41% and 38% respectively) was a threat … [Read more...]
Review launched to tackle late payments for small businesses
The Business Secretary Grant Shapps has announced the launch of a review into tackling late payments for small businesses and encouraged larger organisations to ensure their suppliers are paid promptly. The Payment and Cash Flow review will scrutinise existing payment practices and the measures … [Read more...]
Millions of Britons to be able to request flexible working from day one of employment
New plans to improve working conditions for employees will give millions of workers the right to request flexible working arranges from their first day. Changes to rules being proposed by government will allow employees to request to make use of arrangements such as job-shares, flexitime and … [Read more...]
Employees from minority groups are bigger flight and wellbeing risk
A report published by employee engagement platform WorkL has found that workers from minority groups are more likely to leave their current role and have a significantly higher wellbeing risk. WorkL’s Employee Experience Report 2022 analysed data from its employee experience database and found … [Read more...]
Outsourced IT providers to be included in updated cybersecurity regulations
Changes to the UK's cybersecurity standards will see outsourced IT providers brought under the scope of regulations to ensure vital services such as energy supplies and transport are protected from digital threats. The proposed updates to the Network and Information Systems (NIS) Regulations come … [Read more...]
Spiralling costs stalling UK businesses’ investment plans, finds Together survey
Hundreds of UK businesses have slashed millions from their investment plans amid turbulence in the UK economy, according to a new survey by Cheadle-based specialist lender, Together. Business leaders heading up 300 small and medium enterprises (SMEs) said they had invested an average of £565,000, … [Read more...]
£1 billion ECO+ scheme announced to insulate least energy-efficient homes
Business and Energy Secretary Grant Shapps has announced the launch of the ECO+ scheme, a new government initiative to insulate homes and reduce household energy consumption and bills. The £1 billion scheme adds to the £6.6 billion Help to Heat energy programmes to support those not currently … [Read more...]
Construction materials availability returns to pre-pandemic levels
The availability and supply of construction products and materials has recovered to its 2019 pre-pandemic levels, according to a report from the Construction Leadership Council (CLC). In the joint Product Availability Statement from John Newcomb, CEO of the Builders Merchants Federation and Peter … [Read more...]
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