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Business News
The latest tax, employment, business and economic news affecting firms and individuals alike. Updated each day.
Output per hour grew fastest in North West in 2020
The UK economy grew by 0.4% in the UK.
Employers fined for underpaying workers
Companies failed to pay £2.1 million to 34,000 workers.
Applications for ‘fifth-and-final’ SEISS grant open
Self-employed taxpayers have until 30 September 2021 to submit their claims.
Is it time to get a low-emission company car?
Government grants and generous tax incentives for low-emissions vehicles.
Apprenticeship funding scheme unveiled
Businesses can apply for the £7 million fund.
Think tank predicts cut to UK’s tourism trade deficit
The deficit was £30.5 billion in 2019.
Reduced furlough support jeopardises jobs
One in five employers are likely to make redundancies.
Mortgage borrowing hits highest-ever monthly level
Borrowing stood at £17.9 billion in June 2021.
Most firms ‘confident they can pay off debts’
One in five remain unsure about their debt repayments.
DWP hit with £87.9m IR35 tax bill
HMRC demanded bills over historic contractor assessment errors.