Business News

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

British household wealth increases to £13.6 trillion

Data published by the Wealth and Assets Survey (WAS) has showed that British household wealth hit a record high of £13.6 trillion in the two years to March 2022.

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Trade strategy 'prize is huge', says BCC

If the government gets its trade strategy right the 'prize is huge', the British Chambers of Commerce (BCC) has said.

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Pension reforms to 'unlock billions' in government growth agenda

New rules will give more flexibility over how occupational defined benefit pension schemes are managed, according to the government.

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UK firms expecting slowdown, CBI finds

UK firms are expecting to reduce both output and hiring this quarter, according to a survey conducted by the Confederation of British Industry (CBI).

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Government commissions review of Loan Charge

The government has commissioned an independent review of the Loan Charge.

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Consumer confidence falls to lowest point in over a year

Confidence amongst consumers in the UK economy has fallen to its lowest point in over a year, according to data published by market research firm GfK.

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3.4 million still to file self assessment returns as deadline approaches

There are still 3.4 million self assessment taxpayers who are yet to file their tax return for 2023/24 with the deadline fast approaching, according to HMRC.

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Parliamentary watchdog accuses HMRC of 'degrading' phone services

Parliament's spending watchdog has accused HMRC of deliberately running down its phone services to force people to use its digital services, according to a report.

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Data reveals exports fell flat at end of 2024

Data published by the Office for National Statistics (ONS) recently showed that UK exports fell flat towards the end of last year.

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