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

News for: General Business News

Outsourced IT providers to be included in new cybersecurity laws

April 1, 2025

New cyber laws to boost security requirements for data centres and MSPs

Data centres, Managed Service Providers (MSPs) and critical infrastructure such as hospitals and energy suppliers will be required to strengthen their cyber security under new government plans. The government's Cyber Security and Resilience Bill, first announced in the King's Speech last year … [Read more...]

March 28, 2025

WHSmith brand to disappear from high streets following sale of stores

WHSmith has confirmed the sale of its high street retail business to Hobbycraft owner, Modella Capital, as it looks to focus operations on its higher growth travel retail markets. The historic newsagents will retain its 1,200 stores in hospitals, train stations, airports and motorway services in … [Read more...]

Tech entrepreneur appointed to lead Innovate UK

March 25, 2025

Tech entrepreneur appointed to lead Innovate UK

Tech entrepreneur and founder of Metail, Tom Adeyoola, has been recommended to as executive chair of Innovate UK, which directs government investment into innovation and research being carried out by British businesses. Innovate UK is the UK's largest national public research funder and also … [Read more...]

Safety in construction recognised at Stockport Homes

March 24, 2025

£600 million investment to address national construction sector skills shortages

Ahead of her upcoming Spring Statement, Chancellor Rachel Reeves has announced £600 million investment to boost training and tackle skills shortages in the construction industry. Funding will enable training of up to 60,000 skills construction workers by 2029, including joiners, bricklayers, … [Read more...]

March 21, 2025

Businesses face ‘wake up’ call about international VAT and customs obligations, warns Azets

VAT specialists at accountancy and advisory firm, Azets, have warned that international VAT and Customs Duty rules are like an iceberg ready to strike unsuspecting businesses.  Keith Miller, VAT Partner at the firm, says many businesses do not fully understand VAT and Customs Duty rules for … [Read more...]

Move to end taxpayer bailouts - from the Bank of England

March 20, 2025

Bank of England holds base interest rate at 4.5%

The Bank of England's Monetary Policy Committee (MPC) has voted to hold its base interest rate at 4.5% after agreeing a small 0.25 percentage point fall in February. The decision follows recent rising inflation, which saw the CPI rise to 3% in January, and sparked some speculation that the Bank's … [Read more...]

Nearly 10% rise announced for National Living Wage

March 19, 2025

National Living Wage increase to take effect from 1st April

New rates of the National Minimum and National Living wage will come into effect from April 1st 2025, and businesses are reminded to ensure they are prepared for payroll changes. The new minimum rates of pay will see those aged 21 and over paid a National Living Wage of £12.21, a 77p increase on … [Read more...]

Government unveils new Energy Bills Discount Scheme for businesses

March 18, 2025

Chancellor meets regulators to reduce red tape on businesses

Chancellor of the Exchequer, Rachel Reeves, has met with leaders of UK regulators amid plans to cut red tape on businesses. The Chancellor's plans look to ensure the UK's regulatory environment supports economic growth and does not place unnecessary costs or bureaucratic burdens on businesses … [Read more...]

What is the Plastic Packaging Tax

March 18, 2025

Businesses have until 1st April to submit data under producer responsibility for packaging scheme

Businesses affected by the extended producer responsibility for packaging (pEPR) scheme, introduced last year, have until 1st April to submit their data. Under legislation which came into force from 1st January 2024, large businesses must submit data for July to December 2024 by the deadline, … [Read more...]

Traditionally built homes using innovation

March 11, 2025

Changes to statutory consultees set out in further proposals to speed up planning processes

Further reforms to the planning system have been announced by government as part of proposals to speed up decisions and accelerate the building of new homes. Plans will limit the scope of statutory consultees, and remove a limited number of organisations from being required to comment on planning … [Read more...]

March 10, 2025

Companies House and HMRC to close joint online filing service

Companies House and HMRC have announced that they will close their joint online filing service on on 31 March 2026. The service, used by businesses to file accounts and Company Tax Returns at the same time with both organisations, will be wound down to align with modern digital standards, … [Read more...]

Handelsbanken reveals gender wealth gap in new report

March 6, 2025

Handelsbanken report highlights persistent gender gap in finances

A new report published by Handelsbanken Wealth & Asset Management has highlighted the persistent gender gap in both wealth and financial education and confidence. The Building your financial future: Are you in control? report, published ahead of International Women's Day on Saturday 8th … [Read more...]

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