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Business News
The latest tax, employment, business and economic news affecting firms and individuals alike. Updated each day.
HMRC late payment interest rises to 6.75%
Late payment rates at highest level since 2008.
Reduced energy bill support puts SMEs at risk
Around 370,000 firms will pay more from April.
BoE raises interest rates to 4.25%
The decision follows an unexpected rise in inflation in February.
Inheritance tax receipts soar to £6.4bn
February’s inheritance tax take totalled £521 million.
Inflation rises to 10.4% in February
Salad and vegetable shortages drive soaring food prices.
Finance sector increases female representation
The proportion of women in senior management rises to 35%.
MTD for ITSA delay costs £1.75 billion
The scheme will roll out from 2026.
HMRC overhauls cryptoasset reporting
Changes will apply from 2024/25.
Energy price guarantee extended
Households will receive the support until July.
Business leaders react to Spring Budget 2023
The key reactions from around the UK.