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.
Employers ramp up counter-offers to retain staff
Number of counter-offers increase by 51% in last 12 months.Four in ten experienced scam attempt in the last year
Average loss of funds was £4,715 per person.Corporate insolvencies down 6% in July
Insolvencies remain higher than pre-pandemic levels.Inflation falls to 6.8% in July
Flights and hotels keep prices high.Pay growth ends 18 month wage squeeze
Higher pay may alarm inflation-busting policymakers.One million more pulled into tax on savings
Over 2.7m will pay tax on cash interest in 2023/24.Govt. to reform personal insolvency framework
Policy will align framework with ‘the needs of 21st century stakeholders’.CIOT: remove CIS deductions on landlord payments
Construction tax rules ‘cause problems’ between tenants and landlords.Economy grows by 0.2% in second quarter
Information and accommodation industries fuel growth.UK rental market shrinks by 400,000 homes
Estimated 126,500 rental properties sold since 2022.