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Companies House Issues Warning to Late Filers

Companies House has issued a warning to businesses, urging them to submit their accounts by the 31st of December deadline to avoid incurring an automatic £150 penalty for late filing.

22 Dec 2023

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Higher Earners in Scotland to Face Increased Income Tax Rates

During the 2023 Scottish Budget announcement on 19 December, the Scottish government revealed the introduction of a new 45% income tax band for individuals earning between £75,000 and £125,140.

21 Dec 2023

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UK Inflation Rate Drops to 3.9%

Recent data released by the Office for National Statistics (ONS) indicates that the inflation rate in the UK decreased to 3.9% in the year up to November.

20 Dec 2023

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Over Half of SME Owners Plan to Work on Christmas Day, Survey Finds

A study conducted by ANNA Money bank has unveiled that more than half of small and medium-sized enterprise (SME) owners have expressed their intention to work on Christmas Day.

19 Dec 2023

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Businesses Affirm That Hybrid Working is a Permanent Fixture

According to research conducted by the British Chambers of Commerce (BCC), less than 30% of businesses anticipate their workforce fully returning to the workplace within the next five years.

18 Dec 2023

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Bank of England Maintains Interest Rates at 5.25%

In a recent decision, the Bank of England's Monetary Policy Committee (MPC) voted to keep interest rates steady at 5.25%. This marks the third consecutive time that the Bank has opted to leave the interest rate unchanged.

15 Dec 2023

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UK economy shrank in October

The UK economy shrank by more than expected in October, with higher interest rates and bad weather taking their toll, according to the latest figures from the Office for National Statistics (ONS).

14 Dec 2023

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Government Admits 98% of Covid Fraud Tip-Offs Not Under Investigation

Government ministers have acknowledged that 98% of reported tip-offs related to Covid fraud are not currently under active investigation.

13 Dec 2023

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Government urged to 'firm up foundations for growth'

The Confederation of British Industry (CBI) has warned that UK firms are gearing up for another tough year in 2024, and urged the government to 'firm up the foundations for growth'.

12 Dec 2023

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Business Group Applauds Energy Regulator's Proposals to Safeguard Firms

A business group expresses support for the energy regulator's proposals aimed at protecting firms.

11 Dec 2023

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Cash usage rises as result of cost-of-living crisis

The ongoing cost-of-living crisis has driven individuals to use cash more frequently, research carried out by the British Retail Consortium (BRC) has suggested.

08 Dec 2023

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HMRC updates IR35 compliance guidance

HMRC recently updated its guidance on IR35 compliance for employers.

07 Dec 2023

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Research Reveals UK as a 'Hub for Innovation'

Findings from research conducted by YFM Equity Partners indicate that the UK stands as a 'hub for innovation,' with entrepreneurs generating £950 billion in revenue annually.

06 Dec 2023

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BCC Warns Red Tape, Rising Costs, and Regulation are 'Holding Back Exports'

The British Chambers of Commerce (BCC) conducted a survey of nearly 650 UK businesses, revealing that red tape, escalating costs, and growing regulations are impeding the progress of exports.

05 Dec 2023

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