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Business News Archive

June 2025
  • Global economy set for weakest run since 2008, warns World Bank
  • Economists warn tax hikes likely in the autumn
  • UK economy shrunk in April
  • Spending review is opportunity to back small business
  • FCA in international crackdown on unlawful finfluencers
  • Energy costs 'an anchor on our ambition', warns CBI chief
  • Government introduces Pension Schemes Bill
  • Cost of minimum retirement lifestyle has fallen amid lower energy prices
  • Recovery in business confidence underway
  • IFS outlines 'four big decisions' for Spending Review
  • HMRC names and shames employers failing to pay NLW
May 2025
  • Chancellor outlines pension 'megafunds' plans
  • New report outlines path to cut firms' net zero costs
  • IMF updates growth forecast for UK economy
  • Household Support Fund 'needs reforming'
  • Higher borrowing figures 'increase prospect of tax rises'
  • Chancellor confirms ISA allowance won't be cut
  • Household bills drive inflation increase
  • Almost half of sole traders unprepared for MTD changes
  • One in ten people have no cash savings
  • Parents of teens reminded to extend Child Benefit claim online
  • UK economy grows 0.7% in first quarter
  • Entrepreneurs considering selling businesses due to tax changes
  • One in four employers plan to make redundancies in next quarter
  • Record numbers file assessment in first week of new tax year
  • Interest rates cut to 4.25%
  • HMRC criticised for delays in processing tax refunds
  • Business confidence rises to highest level since late 2024
  • Government warned over 'lost generation'
  • HMRC launches new online help for compliance checks
  • New cryptoasset rules aim to protect consumers
April 2025
  • Lack of trust and board expertise putting brakes on AI adoption
  • Chancellor unveils plans to maintain level playing field for British business
  • IHT receipts reach record £8.2 billion
  • Government taking right approach to tariff negotiations
  • Sole traders and landlords get Making Tax Digital warning
  • Tax red tape costs small businesses nearly £25 billion a year
  • More parents financing children's house deposits
  • Business confidence falls to two-year low
  • Inflation falls as result of lower petrol prices
  • Companies House begins to verify identities
  • Spending Review 'could brighten living standards outlook'
  • Business group welcomes launch of Code of Practice
  • Price rises 'most likely response' to US tariffs
  • Pension reforms needed to help people through retirement
  • Government calls time on red tape for pubs, clubs, and restaurants
  • UK firms show 'resilience' as exports grow in January
  • Confidence amongst business leaders 'remains low'
  • Loan charge review calls for evidence
  • Minimum wage rose on 1 April
  • Campaigners call for tougher action on fraud
March 2025
  • Employment reforms continue to stifle businesses' hiring intentions
  • Government 'wrong to balance books on backs of low-income families'
  • Chancellor used Spring Statement to 'fine-tune' spending plans
  • No further tax increases in Spring Statement
  • 2025 Spring Statement - the political reaction
  • 2025 Spring Statement - the business reaction
  • 2025 Spring Statement - the economic picture
  • 2025 Spring Statement - what to expect
  • Finance Act 2025 receives Royal Assent
  • Act now to boost your state pension, warn tax experts
  • Bank walking 'tightrope' in the face of global uncertainty
  • Chancellor should consider tax rises in the Spring Statement
  • OECD cuts UK growth forecasts
  • Chancellor unveils plan to cut red tape
  • Regulator poised to act on card payment fees
  • UK economy shrank in January
  • Government must tackle 'archaic' infrastructure
  • Side hustle trading threshold raised to £3,000 per year
  • Concerns over costs mount for business leaders
  • 25,000 first-time buyers set to miss Stamp Duty deadline
  • Chancellor has set herself a 'fiscal trap' ahead of Spring Statement
  • Employment Rights amendments do little to address employer concerns
  • Private sector activity expected to fall
  • HMRC 'softens' deadline for National Insurance top-ups
  • Workers 'put in £31 billion of unpaid overtime' in 2024
February 2025
  • Changes in family spending 'crucial to decarbonisation'
  • Gender pay gap 'stubbornly high'
  • Businesses warn of National Insurance 'powder keg'
  • Entrepreneurs call for better access to financial products
  • Tax receipts rise at slower than expected pace
  • Fewer small firms looking to hire, FSB finds
  • HMRC cuts late and repayment interest rates
  • Higher-than-expected inflation underlines business challenges
  • Business confidence hits post-Covid low
  • Government consults on mandatory e-invoicing
  • Small firms call for £3,000 apprentices incentive
  • UK economy grows at end of 2024
  • Business group urges government to help firms grow
  • Business tax compliance costs £15 billion a year
  • Firms face increasing cyber security risk, warns BCC
  • Rate cut brings 'measure of relief' to business
  • £35 million added to State Pension pots
  • Firms call for reduction in tax burden on business
  • 11.5 million file self assessment by 31 January deadline
  • British household wealth increases to £13.6 trillion
January 2025
  • Trade strategy 'prize is huge', says BCC
  • Pension reforms to 'unlock billions' in government growth agenda
  • UK firms expecting slowdown, CBI finds
  • Government commissions review of Loan Charge
  • Consumer confidence falls to lowest point in over a year
  • 3.4 million still to file self assessment returns as deadline approaches
  • Parliamentary watchdog accuses HMRC of 'degrading' phone services
  • Data reveals exports fell flat at end of 2024
  • IMF upgrades UK outlook
  • Flexibility in English and Maths rules would increase take up of apprenticeships
  • Business group outlines pro-growth measures
  • UK economy returns to growth in November
  • UK inflation dips to 2.5% in December
  • Government to 'unleash' AI to boost growth
  • CIOT calls on government to rewrite unfair VAT rules
  • Optimism wanes as Budget measures affect investment
  • 92% of employers 'concerned about Employment Rights Bill'
  • Significant amount of businesses worried about tax hikes
  • 5.4 million yet to file their self assessment tax return
  • Business leaders remain cautious on the outlook for the year ahead
  • Government must reset EU trade relations, urges BCC
  • Over 40,000 file self assessment over the Christmas break
December 2024
  • Have you made your financial New Year's resolutions?
  • Don't forget to file your self assessment tax return
  • Insurer issues Christmas scams warning
  • More entrepreneurs needed 'to unlock opportunities'
  • £1.31 billion paid in Stamp Duty in November
  • UK interest rates held at 4.75%
  • Economic slowdown affecting employment
  • Spring Forecast to take place in March
  • HMRC urged to improve low resolution rates
  • Cash usage on the rise for second successive year
  • UK economy shrinks for second month in a row
  • Chancellor must 'confront range of challenges' in Spending Review
  • HMRC urges self assessment taxpayers to spread the cost
  • Number of taxpayers caught in 60% 'tax trap' rises
  • Public funds fraud cost taxpayers £81 billion
  • No tax changes for online sellers
  • Interest rates 'set to be higher for longer'
  • Cyber-attacks cost UK businesses £44 billion in last five years
  • Small businesses counting the cost of potholes
  • Optimism amongst business leaders 'approaching Covid lows'
November 2024
  • Business groups respond to Get Britain Working white paper
  • CBI calls for action to 'turbocharge growth'
  • Scams warning issued as self assessment deadline looms
  • BCC calls for industrial strategy that benefits all parts of UK
  • Intergenerational transfers 'having profound impact on people's economic prospects'
  • HMRC late payment interest cut by 0.25%
  • Retailers write to Chancellor over Autumn Budget measures
  • Higher energy bills push UK inflation to 2.3%
  • Pension reforms 'must unlock growth'
  • Permanent business rate cut for high street on the way
  • UK growth slowed in third quarter of this year, data shows
  • Customs procedures 'still holding back UK exports', survey finds
  • Hybrid working the 'new normal' for a quarter of adults
  • More than 400,000 student loan customers use digital refund service
  • Business frustrated at halt in rollout of digital trade platform
  • Interest rates cut to 4.75%
  • Almost half of UK adults have not written a will
  • Government bank referral scheme 'secured loans for just one in 20 companies'
  • Employer NICs rise may have unforeseen consequences
  • Chancellor's Budget tax increases 'will boost growth sustainably', says IMF
  • Budget 'first step of what's needed to lift living standards', says think tank
October 2024
  • View our 2024 Autumn Budget Report
  • Chancellor uses Autumn Budget to increase Employment Allowance
  • Chancellor promises to drive growth and raises £40 billion in taxes
  • 2024 Autumn Budget - the political reaction
  • 2024 Autumn Budget - the business reaction
  • 2024 Autumn Budget - the economic picture
  • 2024 Autumn Budget - what to expect
  • HMRC services need Budget investment
  • More than £570 million stolen by criminals in first half of 2024
  • Real Living Wage goes up by 5%
  • Self assessment deadline nears for paper filers
  • Raising CGT rates would not deter investment, says IPRR
  • Government launches British Infrastructure Taskforce
  • Government 'planning inheritance tax increases in Budget'
  • Business groups raise concerns over potential NI rise
  • HMRC agree to make things easier with paper tax returns
  • UK inflation falls to lowest rate since 2021
  • 10,000 boost State Pension with online payments
  • Make Work Pay threatens employment and growth, warns FSB
  • Chancellor 'will need to increase taxes or borrowing' at Budget, says IFS
  • Budget will be 'pivotal moment' for new government
  • Chancellor must tackle barriers to growth in Budget
  • 'Strong case for capital gains tax reform', says IFS
  • UK Finance urges government to deliver economic growth in Budget submission
  • Bank of England hints interest rates could fall more quickly
  • New Growth and Skills Levy must end 'cycle of failure'
  • Business confidence fell in September, data reveals
  • New tipping law comes into force
September 2024
  • Government cracks down on late payments
  • Government announces apprenticeship reforms
  • UK economic growth 'robust' in 2024, think tank says
  • Young people reminded to reclaim government savings
  • Chancellor hits the right notes in Conference speech
  • HMRC urged to take action to 'defuse side hustle time bomb'
  • Interest rates held at 5%
  • Savers added £42 billion into cash ISAs in first half of 2024, data shows
  • Inflation rate holds steady in August at 2.2%
  • Billion-pound tax bombshell to hit hospitality, warns trade body
  • IPSE calls for fairer off-payroll rules in Budget
  • IoD outlines key policy changes in Budget submission
  • Reforms to IHT, CGT and NI 'could raise over £20 billion a year'
  • UK economy unexpectedly flatlines for second month in row
  • £5.5 billion lost as a result of tax evasion, report finds
  • Business group urges government to fix 'antiquated' business rates rules
  • Scam complaints reach highest ever level, data shows
  • Pension pot needed for basic retirement rises to nearly £110,000
  • SME energy bills predicted to remain above pre-crisis levels
  • Business leader confidence fell in August, data reveals
  • Scrap fuel duty cut, says RAC
August 2024
  • HMRC sends 'nudge letters' to crypto investors
  • HMRC debunks top five self assessment 'myths'
  • Fall in small business confidence as employment costs take a toll, warns FSB
  • UK has record number of self-employed workers aged 60 or over
  • Homebuyers paid £1.2 billion in stamp duty in July, data reveals
  • 2024 could see 'record number' of company creations
  • Extend Child Benefit for teenagers by the end of August
  • Fake HMRC letters target small businesses
  • Freelancers want to see fairer, simpler tax system from Autumn Budget
  • Working parents face rising childcare costs during summer holidays
  • UK economy grew between April and June, data shows
  • Rate of inflation rises for first time this year
  • £19 billion in unpaid taxes 'unlikely to be recovered'
  • Government contracts 'out of reach' for SMEs, business group warns
  • More than 110,000 small firms 'at risk of bankruptcy'
  • HMRC late payment interest cut by 0.25%
  • Chancellor refuses to rule out CGT rise
  • HMRC failing on responsiveness, says Charter report
  • High streets must be helped to evolve, says FSB
  • Bank of England cuts interest rates to 5%
  • Digital trade deal hailed as big win for business
July 2024
  • HMRC to send Simple Assessment tax statements to pensioners
  • Chancellor announces Autumn Budget date
  • 320,000 individuals 'pushed into poverty' as result of interest rate rises
  • Business group outlines five 'key priorities' for removing barriers to trade
  • A third of individuals using mobile contactless payments, data shows
  • New skills co-ordination body must 'keep small firms' needs in mind'
  • Government urged to remove tax burdens for charities
  • IHT receipts reached £2.1 billion between April and June, data shows
  • More than 500,000 individuals caught in 60% tax trap
  • King's Speech unveils raft of bills designed to 'unlock economic growth'
  • Inflation holds steady at 2%
  • Business group calls for King's Speech to drive investment
  • HMRC launches VAT Registration Estimator
  • UK's economic recovery putting down roots
  • British Business Bank launches Growth Guarantee Scheme
  • Business confidence returning to pre-pandemic levels
  • Self assessment payment on account due on 31 July
  • Rachel Reeves named as the UK's first female Chancellor
  • Business ready to work in partnership with Labour government
  • Business push payment fraud hits £83 million
  • Household disposable incomes 'have grown at slow pace since 2010'
  • Next government warned 'you can't be pro-growth without being pro-green'
  • 50% of savers unaware they are charged fees on their pension pots
June 2024
  • UK economy 'grew by more than previously estimated' at start of 2024
  • New government 'should change law on hot workplaces'
  • Average earnings 'just £16 a week higher than they were 14 years ago'
  • Business group warns tax rises will be 'difficult to avoid' over next five years
  • Tax gap at record high
  • Rate decision disappointing for small businesses
  • UK's investment performance 'worse than every other G7 country'
  • Inflation at lowest level in almost three years, data shows
  • HMRC 'has not fined a single 'enabler' of offshore tax evasion', data reveals
  • HMRC collected £1.39 billion in unpaid inheritance tax in last five years, data shows
  • Next government 'should extend company car benefit in kind taxation tables'
  • 'Stark economic challenge' facing whoever wins election
  • Next government needs to prioritise falling employment, says think tank
  • Tax changes since 2010 have 'adversely affected families with children'
  • Savers 'dangerously underestimating' minimum cost of retirement
  • Next government will need to build trust between HMRC and self-employed
  • Action needed to help firms 'navigate digital future'
  • Revitalise 'Brand Britain', says CBI
  • Business leader optimism in UK economy rises to highest level in three years
  • Last 15 years 'worst for income growth in generations', says IFS
Your business
Developing your business
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Business finance
Can you cut your interest payments? Don't cut costs - manage them Negotiate credit card fees Obtaining better financial control Raising finance Reduce your utility bills Save money on office furniture and equipment Three steps to cheaper financing Track your leases Watch your margins when the good times roll
Business processes
Benchmarking best practice Designing for profit Does your business pass the risk test? Get better deals from suppliers Is outsourcing the best strategy? Making the most of your company meetings Should you buy in or manufacture materials? Stock answers Ten reasons to benchmark your business When cutting costs is counterproductive
Exit planning
Do you have a succession plan in place? Preparing your partnership Selling a business - your questions answered Selling your business
General
7 ways to protect your business against a downturn Could your business survive without you? Getting more from your business meetings Helping the environment - and your business Identifying and preventing fraud Leasing equipment Most common fraud risk factors Protecting against disaster Relocating your business Use corporate giving to improve your bottom line When you suspect employee fraud... Work and travel Working from home
Management skills
Break the management mould Effective time management Leadership checklist Presentation skills The art of negotiation
Managing your staff
Bringing training in-house Conducting a successful interview Consulting your staff Employee incentives...that won't break the bank Getting the most out of staff appraisals Hiring winning sales staff How to keep your best staff Identify your star employees Keep a look-out for signs of stress Managing absence Opening the books can improve profitability Recruiting executives Recruiting the right staff The do's and don'ts of incentive schemes Your staff handbook
Planning and strategy
An introduction to strategic planning Avoiding traps in strategic planning Building strategic alliances Finding your market niche How to survive when times get tough Innovate to grow Make your planning meetings count No business is an island Pricing strategies Six reasons why business plans fail Six steps to an effective business plan Small is profitable Strategies for increasing revenue The right kind of growth
Sales and marketing
A 16 point marketing plan A customer satisfaction survey A networking strategy Benchmarking and competitor analysis Encourage customer complaints Keep your sales force selling Marketing versus selling When the customer is not right Your customers' experience
Essentials
Management
Buy, HP or lease? Expansion – is your business ready? Keeping an eye on your cashflow The value of outsourcing
Other essentials
Bribery Act 2010 Capital allowances Cash Basis for the self-employed Charities: trustees' responsibilities Charities in Scotland: trustees' responsibilities Criminal Finances Act 2017 Employed or self employed? Employer supported childcare Accounting records How to gain the most from your accounting records Husband and wife businesses Making Tax Digital for Individuals VAT - Making Tax Digital Preventing Late Payments Salary sacrifice Take care to avoid a penalty The Construction Industry Scheme The National Living Wage and the National Minimum Wage
Limited companies
An Introduction to Corporation Tax Companies - tax saving opportunities Company secretarial duties Corporation tax self assessment Directors’ responsibilities Forming a limited company How much dividend can I take? Off-payroll working and Personal Service Companies Register of people with significant control Small Company Accounting Statutory records
PAYE, NICs and benefits
Car or van? Cars for employees Employee Expenses Employing your spouse or civil partner Employment benefits Fixed rate expenses Minimising the risk of employer compliance visits National insurance Payroll - basic procedures Payroll Real Time Information Payslips Pensions - automatic enrolment Pooled cars and vans The Employment Allowance
Starting a business
Before you begin Getting started
A mission statement Allowable Expenses An introduction to the tax system for the self employed Building a brand Choosing a year end Incorporation Insuring your business Limited liability partnerships Names, trademarks, patents and other registrations Premises and location Raising finance Should you buy a franchise? Which business structure? Working from home Writing a business plan Your business vision
Growing the business
Contingency and disaster planning Sales and marketing Stock control Suppliers and purchasing Taking on staff
Managing money
10 tips for avoiding bad debts Borrowing and loans Cash flow management Accounting records Maintaining good financial control
Start-ups - your business and the law Tax and tax planning for start-ups
VAT
Group VAT Registration Recovering VAT on staff expenses VAT - a summary VAT - annual accounting scheme VAT - bad debt relief VAT - cash accounting VAT - flat rate scheme VAT - how to survive the enforcement powers VAT do's and don'ts
Your money
Personal taxation
Are you still on track for retirement? Capital gains tax and the family home Child Benefit charge Dividends and interest Does your estate planning pass the test? Furnished holiday lettings Charitable giving Inheritance tax - a summary Land and Building Transaction Tax Land Transaction Tax Lasting Powers of Attorney Making a will and other related matters Personal tax - self assessment Personal tax - when is income tax and capital gains tax payable? Planning for a year's prosperity Repayment of student loans Stamp Duty Land Tax Statutory Residence Test Supporting your children
Savings & investments
Capital gains tax Capital Gains Tax on disposal of chattels Enterprise Investment Scheme Individual Savings Accounts Pension savings - tax aspects Property investment - buy to let Seed Enterprise Investment Scheme Tax-Free Childcare VCT, EIS & SEIS compared Venture Capital Trusts
Tax information
Autumn Budget Spring Statement Tax calendar Tax rates and allowances
Tax strategies
Tax and financial strategies 2025/26 Strategies for your business Exiting your business Tax and employment Planning for yourself and your family Making the most of savings and investments A comfortable retirement Tax-efficient estate planning
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16 Jun 2025

Global economy set for weakest run since 2008, warns World Bank

Heightened trade tensions and policy uncertainty are expected to drive global growth down to its slowest pace since 2008, according to the World Bank's latest Global Economic Prospects report.

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020 3582 0598 | info@kaban.co.uk
Albany Chambers, 26 Bridge Road East, Welwyn Garden City, Hertfordshire AL7 1HL

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