Business news

Calls for apprenticeship levy reform get louder

Apprenticeship starts down 25% in 7 months to February 2018.

Government consults on IR35 for private sector reform

Fears extending legislation could ‘single out’ the self-employed.

Over-50s rethink retirement plans

1 in 4 alter plans following state pension changes.

Wage growth exceeds inflation for first time in a year

Employee earnings grew by 2.9% in Q1 2018.

Retired tenants will need £445,000 pension pot

Cost of rent adds £185,000 to required savings.

1 in 3 expect 6-month wait for inheritance

Processing probate takes 11 months on average.

Self-employment jeopardises state pension

Increases in self-employment could cause £2.8bn shortfall.

HMRC warns of tax refund scam

Public told to ‘be alert’ to fraudsters.

SMEs call for more government support

36% are unaware of existing services.

9.5m saving into workplace pensions

Number of auto-enrolment savers up 26% since 2012.

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