Business news
The latest business, tax and economic developments
In the world of business news, it’s easy to feel slightly overwhelmed, as you’re constantly bombarded by alerts and stories, half of which hardly relate to you. We feel that way sometimes, too. That’s why we created our business news section – dedicated to regular business owners like you. With one story a day with only the essentials, you’ll be able to keep up with the biggest business, tax and economic developments of the day.
Many still unready for MTD rollout
Sole traders and accountants face tight deadline.UK unemployment rate hits four-year high
New data signals cooler labour market this spring.BoE trims base rate amid global trade fears
Lower rate raises questions for borrowers and savers alike.UK unemployment hits highest level since 2021
Job market slows as vacancies and pay growth fall.HMRC interest rates to fall from 28 May
0.25% cut follows drop in base rate.Bank cuts rates to 4.25% amid slow growth
Caution remains despite trade deal boost.HMRC stops phone support for UTR numbers
Taxpayers must now go online or wait by post.Tariffs to be cut in new UK-India trade deal
Agreement to boost exports and reduce consumer costs.Bank of England set to cut rates
US trade war fuels economic concerns.VAT road fuel charges cut by 5.7%
New HMRC rates applied from 1 May 2025.
