Business News

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

Government calls time on red tape for pubs, clubs, and restaurants

Pubs, clubs and restaurants will benefit from a reduction in the red tape that has stifled hospitality business, the government said.

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UK firms show 'resilience' as exports grow in January

Total UK exports in goods and services rose by 2.8% in January, according to the latest trade data from the Office for National Statistics (ONS).

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Confidence amongst business leaders 'remains low'

Optimism in regard to the UK economy amongst business leaders rose slightly to -58 in March 2025 from -64 in February, the Institute of Directors (IoD) recently found, but still 'remains low'.

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Loan charge review calls for evidence

The independent review into the loan charge has issued a call for evidence, with examples of promotional material and marketing leaflets a priority for the review team.

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Minimum wage rose on 1 April

Increases to the National Living Wage (NLW) and the National Minimum Wage (NMW) took effect from 1 April.

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Campaigners call for tougher action on fraud

Anti-scam campaigners have called for UK police forces to take a tougher stance on fraud as a result of a rise in the number of scam cases.

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Employment reforms continue to stifle businesses' hiring intentions

The government's employment reforms are causing employers to put their hiring plans on hold, according to the Institute of Directors (IoD).

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Government 'wrong to balance books on backs of low-income families'

Responding to Chancellor Rachel Reeves' recent Spring Statement, think tank the Resolution Foundation stated that balancing the books 'shouldn't be done on the backs of low-income families'.

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Chancellor used Spring Statement to 'fine-tune' spending plans

In its initial response to the 2025 Spring Statement, the Institute for Fiscal Studies (IFS) said that Chancellor Rachel Reeves used the Statement to 'fine-tune' her spending plans so that she will continue to meet her fiscal rules.

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