Business news

BCC downgrades economic growth forecast

‘Lacklustre outlook’ for consumer spending and business investment.

Savers to have more control over pension investments

Pension providers will be required to reveal impact of investments.

UK ‘the third most prepared nation for retirement’

Australia ranks highest of 32 countries in Pensions World Cup.

Most fathers have no life insurance

More households at risk of financial difficulty.

Retired homeowners not accessing property wealth

6 in 10 over-50s don’t plan to move house.

Working pensioners pay £8.6bn in income tax

17% of people work past state pension age.

Small firms unprepared for disruption

Missed payments and losing key staff among most common threats.

Retirees take cautious approach to drawdown

Pensioners draw down 31% of wealth on average.

MTD income tax pilot extends to landlords

Scheme now accepts property income excluding holiday lets.

‘Raise the VAT threshold to stimulate SME growth’, IPSE says

Response as VAT consultation draws to a close.

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