Business News

The latest Business and Finance news making the headlines in the UK

Higher energy bills push UK inflation to 2.3%

UK inflation jumped last month in part due to rising energy prices, according to the latest data from the Office for National Statistics (ONS).

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Pension reforms 'must unlock growth'

Pension reforms announced by Chancellor Rachel Reeves must unlock growth, the British Chambers of Commerce (BCC) recently said.

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Permanent business rate cut for high street on the way

The government has published draft legislation to permanently cut business rates for retail hospitality and leisure properties from 2026.

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UK growth slowed in third quarter of this year, data shows

The UK's economy grew by 0.1% between July and September, according to the latest figures from the Office for National Statistics (ONS).

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Customs procedures 'still holding back UK exports', survey finds

A survey carried out by the British Chambers of Commerce (BCC) has found that customs procedures remain barriers to UK exports.

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Hybrid working the 'new normal' for a quarter of adults

Hybrid working has become the 'new normal' for about a quarter of working adults since the pandemic, according to the latest data from the Office for National Statistics (ONS).

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More than 400,000 student loan customers use digital refund service

The Student Loan Company's (SLC) digital refund service has been used by 418,000 customers.

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Business frustrated at halt in rollout of digital trade platform

Businesses will be frustrated by the government's decision to pause work on the Single Trade Window, according to the Institute of Directors (IoD).

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Interest rates cut to 4.75%

The Bank of England has cut interest rates for the second time this year as expected.

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