This section contains the latest business news stories.

AI could replace up to 8 million UK jobs, warns report

28 Mar 2024

Up to eight million UK jobs are at risk from the rise of artificial intelligence (AI), according to a report by the Institute for Public Policy Research (IPPR).

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NMW is the 'single most successful economic policy in a generation', says think tank

27 Mar 2024

The introduction of the UK's National Minimum Wage (NMW) in 1999 is the single most successful economic policy in a generation, according to the Resolution Foundation.

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HMRC's services having a negative impact on SME productivity

26 Mar 2024

The productivity and efficiency of SMEs is suffering as a result of poor HMRC services, according to members of the Association of Chartered Certified Accountants (ACCA).

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Small businesses still hampered by late payments, warns FSB

25 Mar 2024

Small UK firms are still being hampered by late payments, warns the Federation of Small Businesses (FSB).

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Interest rate decision prolongs uncertainty for firms, warns BCC

22 Mar 2024

The Bank of England's decision to hold interest rates at 5.25% prolongs the period of uncertainty for firms, warns the British Chambers of Commerce (BCC).

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HMRC halts helpline closures

21 Mar 2024

HMRC has halted its plans to restrict taxpayer helplines and direct people to online services instead.

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HMRC closes self assessment helpline for six months a year

20 Mar 2024

HMRC will close its self assessment helpline for six months every year and urge taxpayers to use its online services instead.

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Number of company insolvencies rises by 17%

19 Mar 2024

Data published by the Insolvency Service has revealed that the number of company insolvencies in England and Wales rose by 17% in February 2024 when compared to the same month last year.

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New HMRC R&D tax relief guidance 'could be clearer', says ICAEW

18 Mar 2024

The Institute of Chartered Accountants in England and Wales (ICAEW) has stated that new guidance from HMRC on research and development (R&D) tax relief guidance 'could be clearer'.

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HMRC urges working families to save on childcare costs

15 Mar 2024

HMRC is urging working parents to make use of its Tax-Free Childcare (TFC) scheme to help save on Easter childcare costs.

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New measures aim to 'break the spell' of fraudsters

14 Mar 2024

New measures aim to 'break the spell' of financial fraudsters by giving payment providers more time, according to draft legislation published by the government.

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UK economy returns to growth

13 Mar 2024

The UK's economy returned to growth in January, according to the latest data from the Office for National Statistics (ONS).

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Budget introduces increase in Landfill Tax rates

12 Mar 2024

The Chancellor's recent Spring Budget introduced a 21% rise in Landfill Tax rates, with the standard rate set to increase to £126.15 in 2025/26.

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UK workers 'face 20 years of pay stagnation', Foundation warns

11 Mar 2024

The Resolution Foundation has warned that the UK is facing almost 20 years of lost pay growth.

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