Business News

This section contains the latest business news stories.

17 Aug 2018

New regulation requires banks to disclose customer satisfaction scores

Following a joint investigation by the Competition and Markets Authority (CMA) and the Financial Conduct Authority (FCA), banks will now be required to publish their customers' satisfaction scores on their websites, apps and in their branches.

16 Aug 2018

SMEs 'confident in regard to growth prospects', survey finds

A survey carried out by Wesleyan Bank has suggested that UK small and medium-sized enterprises (SMEs) are confident about their future growth prospects.

15 Aug 2018

Research finds over £2 billion stolen via credit card fraud in last year

Research carried out by comparison website comparethemarket.com has revealed that more than £2 billion has been stolen from individuals' debit and credit card accounts in the last year.

14 Aug 2018

Almost two-thirds of over-50s will 'retire later than expected', survey suggests

A survey carried out by insurance firm Aviva has found that 63% of over-50s in work are planning to retire later than they previously intended.

13 Aug 2018

Official figures reveal boost in UK economic growth

Figures published by the Office for National Statistics (ONS) have revealed a boost in UK economic growth.

10 Aug 2018

CIOT welcomes MTD for VAT 'soft landing' concession for taxpayers

The Chartered Institute of Taxation (CIOT) has welcomed the legal status given to the Making Tax Digital for VAT (MTD for VAT) 'soft landing' period, which is intended to help taxpayers who may find it difficult to comply with the IT demands associated with the initiative.

09 Aug 2018

Survey suggests mental health becoming 'less taboo' in UK workplaces

A survey carried out by the British Chambers of Commerce (BCC) and insurer Aviva has suggested that discussing mental health in the workplace is becoming 'less taboo' for both employers and employees.

08 Aug 2018

HMRC urges taxpayers to declare offshore assets

HMRC is urging UK taxpayers to declare foreign income or profits on offshore assets ahead of the 30 September 2018 Requirement to Correct (RTC) disclosure deadline.

07 Aug 2018

Extend gender pay gap reporting to include small firms, urges Committee

A report published by the Business, Energy and Industrial Strategy (BEIS) Committee has stated that the gender pay gap reporting initiative should be extended to include firms with 50 employees or more.

06 Aug 2018

IoD states UK businesses 'left in the dark' in regard to Brexit plans

The Institute of Directors (IoD) has stated that UK businesses have been 'left in the dark' in regard to the government's Brexit plans.

03 Aug 2018

Business groups respond to interest rates rise

Business groups, including the Confederation of British Industry (CBI), the British Chambers of Commerce (BCC) and the Institute of Directors (IoD) have responded to the Bank of England's decision to raise interest rates for the second time in a decade.

02 Aug 2018

Official data reveals 'record amount' of inheritance tax collected by HMRC

Official figures have revealed that HMRC collected a 'record amount' of inheritance tax (IHT) in the 2017/18 tax year.

01 Aug 2018

Brexit will 'hurt UK and EU member state economies', warns IMF

The International Monetary Fund (IMF) has warned that Brexit will adversely affect the UK economy, alongside the economies of EU member states.

31 Jul 2018

New review to consider the impact of ‘cashless technology’

An independent review has been set up to examine the impact and implications of using new technology to make payments over the course of the next five to 15 years.

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