Business news

HMRC offers practical support to businesses affected by Carillion’s collapse - 6 February 2018

The start of 2018 saw the somewhat unexpected collapse of one of the UK’s largest construction and contracting businesses, Carillion. Despite winning a number of new public sector bids, including a £1.4 billion contract for HS2, it was revealed in

Excuses, excuses: HMRC reveals top late tax return apologies - 6 February 2018

HM Revenue & Customs (HMRC) has once again revealed the worst excuses that taxpayers have given them for failing to meet the 31 January Self-Assessment (SA) deadline. Whilst there are sometimes reasonable excuses for a late submission, such as a

Ban on passing credit card fees on to consumers hits small businesses in the pocket - 6 February 2018

A ban on passing on charges from credit card providers to consumers, which came into effect last month, is hitting small businesses in the pocket. Businesses are now faced with the option of either increasing prices for all customers to

Millennials set for ‘inheritance boom’… but not until the 2030s - 6 February 2018

A new report from think-tank, the Resolution Foundation, predicts that so-called ‘millennials’, those aged between 17 and 35, will receive the biggest inheritance of any post-war generation from their baby boomer parents and grandparents. The think-tank estimates that the average

Remain-supporting former minister strikes optimistic note on post-Brexit economy - 6 February 2018

Former Conservative Treasury Minister, Lord Jim O’Neil has told the BBC that gloomy predictions for the post-Brexit UK economy are likely to be ‘dwarfed’ by global growth figures surpassing expectations. He said: “I certainly wouldn’t have thought the UK economy

Taxpayers urged to look out for ‘Government Gateway’ email scam - 25 January 2018

A new type of HM Revenue & Customs (HMRC) email scam has been circulating ahead of next week’s self-assessment tax return deadline.

How can SMEs improve workplace productivity? - 16 January 2018

Several pieces of research published in recent days suggest that Britain’s small and medium-sized enterprises (SMEs) are increasingly struggling with maintaining workplace productivity – but how can this be improved?