Business news

The latest tax, employment, business and economic news affecting firms and individuals alike. Updated each day.

Interest rates climb to 0.5%

Bank of England raises interest rates for first time in more than a decade.

SMEs handed extra finance source boost

4th platform aims to help firms secure funding after bank refusal.

Stamp duty land tax receipts rise 23%

Chancellor facing calls to lower stamp duty in Autumn Budget.

Rising inflation drives down spending

60% of families feel the squeeze on living costs as inflation hits 3%.

Over-40s braced for working longer

Charity proposes 'career MOT' at 50 to assist savers.

Bank account switches reach 4-year low

Savers snub campaign to change current account provider.

Flexible pension payments hit record high

Year-on-year figures show a 20% rise in individuals accessing their pensions early.

More firms miss their staging dates

Applications made after the deadline rises 7% on Q2 2017.

Sole traders ‘lack income protection’

93% of self-employed workers lose income if they become unwell.

Chancellor told to act on business rates rise

British Chambers of Commerce labels rise as “unconscionable”.

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