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Business News
The latest tax, employment, business and economic news affecting firms and individuals alike. Updated each day.
Median real terms pay falls by 2.6%
Soaring inflation sees real terms rate drop in the year to April.
Less than 100 days until self-assessment deadline
Taxpayers have until 31 January to file their return.
Tax take hits £368.9bn in six months
Income tax and National Insurance drive the increase.
Inflation rises to 10.1% in September
The rate of inflation returns to July’s 40-year high.
Old MTD for VAT portal to close
Businesses have until November to become MTD-compliant.
Triple lock pensions under question
Triple lock pensions may be off the table as inflation soars to 10.1%.
Charities warned against online fraud
One in eight charities experienced cybercrime in the last 12 months.
Chancellor reveals measures ahead of medium-term fiscal plan
Reversing mini-budget decisions will raise around £32bn a year.
PM scraps corporation tax decision
Corporation tax will still rise to 25% in latest U-turn.
Insolvencies hit highest levels in over a decade
Q2 2022 saw 5,629 insolvencies in England and Wales.