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Business News
The latest tax, employment, business and economic news affecting firms and individuals alike. Updated each day.
Government borrowing higher than forecast
Borrowing for the year £6.6 billion higher than expected.
Interest rates may increase renewable energy costs
£29 billion could be added to energy bills by 2050.
UK video game developers receive funding boost
£3m awarded to help UK game developers scale.
Unemployment rises as job market falters
Unemployment rate rose to highest level in 6 months.
Inflation drops to lowest rate in two years
Down to 3.2% in March, from 3.4% in February.
650K HMRC calls abandoned in February
Waiting times are still above the annual average.
Interest rate for director’s loans frozen at 2.25%
The rate is held for the second year running.
UK nears recovery as GDP grows
Data indicates a 0.1% rise in GDP.
UK passport prices to increase
The second increase in passport prices in 14 months.
What are the April tax changes?
NICs, CGT, pensions and family benefits affected.