Business News

A round up of relevant news items.

04 Aug 2021

BCC calls for government to extend skills training

The British Chambers of Commerce (BCC) has urged the government to extend skills training in light of the publication of research which showed that one in five companies are considering making redundancies as a result of the coronavirus (COVID-19) pandemic.

03 Aug 2021

CBI survey reveals bumper growth in private sector activity

A survey carried out by the Confederation of British Industry (CBI) has revealed that in the three months to July, private sector activity across the UK economy grew 'robustly'.

02 Aug 2021

Empty shop numbers continue to rise

The number of empty shops in the UK has continued to rise as retailers struggle with the impact of the coronavirus (COVID-19) pandemic, according to the latest figures from the British Retail Consortium (BRC).

30 Jul 2021

Data reveals nearly two million workers remain on furlough scheme

Ahead of the Coronavirus Job Retention Scheme (CJRS) being wound down over the summer, data published by HMRC has revealed that almost two million workers remain on furlough.

29 Jul 2021

ICAEW urges HMRC to scrap exemptions to simplify VAT rules

In response to HMRC's consultation on simplifying the rules relating to land and property, the Institute of Chartered Accountants in England and Wales (ICAEW) has urged HMRC to abolish all VAT exemptions and remove all VAT options.

28 Jul 2021

Public trust in charities reaches highest level since 2014

Public trust in charities has reached its highest level since 2014, according to research published by the Charity Commission.

27 Jul 2021

SMEs 'keen to invest in growth but struggle to find financial backing', says survey

A survey carried out by the Association of Chartered Certified Accountants (ACCA) and the Corporate Finance Network (CFN) has found that small and medium-sized enterprises (SMEs) are looking to invest in growth but are frustrated by the lack of financial options open to them.

26 Jul 2021

Government announces simplified tax reporting for self-employed and small firms

Changes to the tax system that will make it easier for small businesses to fill out their returns have been announced by the government.

23 Jul 2021

FSB urges government to provide SMEs with better access to support and advice

In a new report, the Federation of Small Businesses (FSB) has called on the government to provide small and medium-sized enterprises (SMEs) with better access to business support and advice.

22 Jul 2021

UK to overhaul funding of research and development

The government is to review the bodies it uses to finance research and development (R&D) in the UK.

21 Jul 2021

HMRC launches consultation on basis period reform

HMRC has recently launched a consultation on how basis periods can be reformed for income tax for the self-employed.

20 Jul 2021

CIOT urges government to make tax system easier to navigate

The Chartered Institute of Taxation (CIOT) has urged the government to use its tax administration review to make the UK tax system easier to navigate for taxpayers.

19 Jul 2021

CBI calls for urgent solution to 'crippling staff shortages'

The government must make immediate changes to the current self-isolation policy as businesses face 'crippling staff shortages', according to the Confederation of British Industry (CBI).

16 Jul 2021

Over 40% of UK employers planning to increase investment in skills

More than 40% of UK employers are planning to increase investment in training compared with pre-COVID levels, according to the 2021 Confederation of British Industry (CBI)/Birkbeck, University of London Education and Skills Survey.

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