Business news
The latest tax, employment, business and economic news affecting firms and individuals alike. Updated each day.
Government borrowing surpasses expectations
Borrowing reached £14.3 billion.Scottish Budget introduces new tax hikes
High earners set to pay more income tax.House prices expected to dip by 1% in 2024
Property portal advises sellers to be mindful of pricing strategies.SME lending declines by 20%
UK Finance’s business finance review reveals notable decline.Inflation drops by more than expected in November
November inflation figure hits 26-month low of 3.9%.SME lending declines
UK Finance’s business finance review reveals notable decline.Surge in UK company insolvencies
Registered company insolvencies experience a 21% increase.Bank rate remains unchanged at 5.25%
BoE MPC vote to maintain current rate by 6-3.UK wage growth slows, job market stalls
Despite slowdown, wage growth still outpaces inflation.UK economy contracts more than anticipated in October
Higher interest rates and severe weather blamed for economic downturn.