Economics

Keeping track of the ups and downs in the UK economy

Shifts in the economic landscape can have a significant impact on the lives of small business owners. So prepare your company for changes in the economy by finding out what's going on regionally, nationally and internationally.

Autumn Budget Announced in the Run-up to Brexit

Autumn Budget Announced in the Run-up to Brexit

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Autumn Budget Announced in the Run-up to Brexit

Philip Hammond announces retailer rate cuts, the introduction of UK digital tax, and a two-year fix on VAT threshold in the 2018 Autumn Budget

SMEs Granted Power to Borrow Against Invoices

SMEs Granted Power to Borrow Against Invoices

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SMEs Granted Power to Borrow Against Invoices

Legislation has been put into place to end restrictions on invoice finance for small businesses

Autumn Budget: Business Rates Boost for SMEs

Autumn Budget: Business Rates Boost for SMEs

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Autumn Budget: Business Rates Boost for SMEs

Chancellor of the Exchequer Philip Hammond reveals package of measures that should ease the business rates burden on the UK's smallest companies

Autumn Statement: What Businesses Need to Know

Autumn Statement: What Businesses Need to Know

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Autumn Statement: What Businesses Need to Know

In his autumn statement, chancellor Philip Hammond delivered worrying news on the UK economy, but revealed some promising proposals for British businesses

‘Nothing has Changed’ for Fintech Following Brexit

‘Nothing has Changed’ for Fintech Following Brexit

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‘Nothing has Changed’ for Fintech Following Brexit

Alternative finance leaders say it’s been business as usual following the EU referendum, but express concern about recruitment for UK fintech startups

Executive Pay Targeted by Government White Paper

Executive Pay Targeted by Government White Paper

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Executive Pay Targeted by Government White Paper

A new report reveals that FTSE 100 bosses earn 150 times more than employees, and says executive pay should be decided by a ‘shareholders committee’

Apple Ordered to Repay Irish Tax of €13 Billion

Apple Ordered to Repay Irish Tax of €13 Billion

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Apple Ordered to Repay Irish Tax of €13 Billion

The European Commission rules that agreement between Apple and the Irish government is illegal, and orders the repayment of up to €13 billion in unpaid tax

Retail Banking Set for Shake-Up

Retail Banking Set for Shake-Up

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Retail Banking Set for Shake-Up

The Competition and Marketing Authority criticizes lack of competition in retail banking sector, and vows to create fairer deal for customers and businesses

Suffolk and Norfolk Devolution Could Boost Business Growth

Suffolk and Norfolk Devolution Could Boost Business Growth

— Read More — Suffolk and Norfolk Devolution Could Boost Business Growth

Suffolk and Norfolk Devolution Could Boost Business Growth

Suffolk and Norfolk devolution could bring more than £1 billion of funding to the region, and give businesses a greater say over local issues

Chancellor George Osborne Pledges to Cut UK Corporation Tax to 15%

Chancellor George Osborne Pledges to Cut UK Corporation Tax to 15%

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Chancellor George Osborne Pledges to Cut UK Corporation Tax to 15%

George Osborne says UK is still "open for business" following Brexit vote, as he outlines plan to cut corporation tax to lowest rate of all major economies

EU Referendum: Britain Backs Brexit

EU Referendum: Britain Backs Brexit

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EU Referendum: Britain Backs Brexit

David Cameron announces he is to step down as Prime Minister after majority of British public votes in favour of leaving the European Union in referendum

Osborne Reveals 2016 Budget

Osborne Reveals 2016 Budget

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Osborne Reveals 2016 Budget

Budget 2016: A quick look at news for SMEs and entrepreneurs from George Osborne's April budget announcement

Brexit: Threat to SMEs Relying on EU

Brexit: Threat to SMEs Relying on EU

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Brexit: Threat to SMEs Relying on EU

RSA report: Brexit threatens EU-dependent SMEs. They struggle to export beyond Europe and want more government support to trade with emerging economies

Call for Sharing Economy to be Counted in ONS Data

Call for Sharing Economy to be Counted in ONS Data

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Call for Sharing Economy to be Counted in ONS Data

Report wants economic contribution of the sharing economy, including Airbnb and Uber, to be officially measured in UK's growth figures

Businesses Say UK Economy is Biggest Concern in 2016

Businesses Say UK Economy is Biggest Concern in 2016

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Businesses Say UK Economy is Biggest Concern in 2016

ICAEW survey highlights vulnerability to changes to businesses due to our reliance on domestic trade

'Make Tax Digital' Urges Removal of Quarterly Tax Return Requirement

'Make Tax Digital' Urges Removal of Quarterly Tax Return Requirement

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'Make Tax Digital' Urges Removal of Quarterly Tax Return Requirement

Government says firms don't need to submit four tax returns a year. And a petition forces Parliament to debate planned reforms to small business tax returns

Osborne Reveals Autumn 2015 Spending Review

Osborne Reveals Autumn 2015 Spending Review

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Osborne Reveals Autumn 2015 Spending Review

An at-a-glance summary of the key points for SMEs from the 2015 Spending Review.

Small Welsh Town Goes Offshore

Small Welsh Town Goes Offshore

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Small Welsh Town Goes Offshore

'Fair Tax Town', Crickhowell in Wales, finds a legal loophole to avoid paying tax in protest of a fairer tax system.

HMRC to Close Nearly 140 Local Offices

HMRC to Close Nearly 140 Local Offices

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HMRC to Close Nearly 140 Local Offices

Tax authority's 137 local sites to be replaced with 13 regional centres to save £100 million.

40% of Consumers to Christmas Shop on Mobile

40% of Consumers to Christmas Shop on Mobile

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40% of Consumers to Christmas Shop on Mobile

Research from Webloyalty reveals 40% of consumers will shop using mobile this Christmas, and will spend more time shopping online than last year.