News

June 16, 2025

Spending Review 2025: Takeaway Points for Your Business

Last week, the Chancellor unveiled her Spending Review setting out how government departments will allocate money over the coming years. While much of the focus was on large-scale public services like the NHS and schools, there are some important signals here for businesses to take note of - both in terms of opportunity and outlook.

June 12, 2025

OECD Downgrades UK Growth Forecast, Citing Debt and Trade Barriers

The UK’s economic growth is set to slow more than expected, according to the Organisation for Economic Co-operation and Development (OECD), which has downgraded its forecast for 2025 to 1.3%, down from 1.4% earlier this year.

February 19, 2025

Reforms to homebuying coming

The government announced major plans last week to modernise the house buying and selling process. The reforms centre on digitalising and making property and identity data available electronically. This will allow mortgage companies and surveyors to have information within easy reach.

February 17, 2025

Reforms to homebuying coming

February 13, 2025

Rises to national minimum wage confirmed

Legislation was laid before Parliament last week confirming that the new National Living Wage and new Minimum Wage rates will take effect from 1 April 2025.

February 12, 2025

Would you benefit from a top up contribution to your State Pension?

HM Revenue and Customs (HMRC) have revealed that 37,000 people have plugged gaps in their National Insurance (NI) record since last April, boosting the amount of State Pension they will receive when they reach retirement age.

February 11, 2025

Base rate cut to 4.5%

The Bank of England reduced their base rate to 4.5% last week, as had been widely expected in the days leading up to the decision.

January 31, 2025

Why you should prioritise tax planning before the tax year ends

As the UK tax year-end approaches on 5 April, it’s an excellent time for you to review your business finances and explore tax planning opportunities, particularly if you are self-employed. Tax planning can help you to reduce tax liabilities, boost your cash flow and put you in a stronger financial position.

January 29, 2025

HMRC’s phone service criticised … again

A report released by the Public Accounts Committee (PAC) has further criticised HM Revenue & Custom’s (HMRC) phone service. It found that nearly 44,000 customers were cut off without warning after being put on hold for more than an hour in the first 11 months of last year.

January 27, 2025

What do rising government borrowing costs mean for your business?

Recent economic developments have sparked concerns among UK businesses. Government borrowing costs surged in December to their highest levels in four years, and this has drawn heavy criticism of the Chancellor’s fiscal strategy.