Annual campaign goes from strength-to-strength

Small Business Saturday has been hailed a major success, with around £623million spent with small businesses on the day.Continue reading→

Domestic solar installations could be subjected to large VAT hike

A Government proposal could mean that an increase in the level of VAT applied to solar panels in UK homes is soon introduced.Continue reading→

BCC: UK growth too reliant on consumer debt

The British Chambers of Commerce (BCC) has downgraded its UK gross domestic product (GDP) growth forecast for the year to 2.4 per cent, from a previous prediction of 2.6 per centContinue reading→

Retail sales down on last year

For all the hype about Black Friday delivering a boost to the UK economy, the event wasn’t able to life sales at UK stores ahead of those recorded last year.Continue reading→

Firm’s tax arrangements leave a bitter taste

The American confectionary giant which owns Cadbury is facing fierce criticism after it emerged that it paid no corporation tax in the UK last year.Continue reading→

Fast food giant faces tax probe

One of the world’s best-known brands is to face scrutiny over its tax affairs.

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PMI reveals that services sector growth reached a four-month high in November

According to the Markit/CIPS Purchasing Managers’ Index (PMI), during November the UK’s services sector underwent its fastest period of growth for four months.Continue reading→

Bank of England deputy governor enters interest rate debate

The deputy governor of the Bank of England (BoE), Sir Jon Cunliffe, has reportedly stated that the next change to interest rates will be an increase.Continue reading→

UK banks pass recession stress tests

UK banks have passed Bank of England (BoE) stress tests in order to prove that they have the financial strength to survive if another recession occurs.Continue reading→

Financial regulators issue fines worth £2.45bn for misconduct

Companies who are found guilty of financial misconduct are being served with more fines than ever before, with a 271 per cent increase in penalties over the last 24 months.Continue reading→