Business News

27 Mar 2025

Chancellor used Spring Statement to 'fine-tune' spending plans

In its initial response to the 2025 Spring Statement, the Institute for Fiscal Studies (IFS) said that Chancellor Rachel Reeves used the Statement to 'fine-tune' her spending plans so that she will continue to meet her fiscal rules.

26 Mar 2025

No further tax increases in Spring Statement

Chancellor Rachel Reeves announced 'no further tax increases' in the 2025 Spring Statement.

26 Mar 2025

2025 Spring Statement - the political reaction

Addressing the House of Commons, Chancellor Rachel Reeves used the 2025 Spring Statement to announce an increase in defence spending and a move from a deficit of £36.1 billion in 2025/26 to a surplus of £9.9 billion by 2029/30.

26 Mar 2025

2025 Spring Statement - the business reaction

Business groups, including the Federation of Small Businesses (FSB), the British Chambers of Commerce (BCC) and the Confederation of British Industry (CBI) have reacted to Chancellor Rachel Reeves' 2025 Spring Statement speech.

26 Mar 2025

2025 Spring Statement - the economic picture

Within her Spring Statement speech, Chancellor Rachel Reeves revealed that the Office for Budget Responsibility (OBR) has halved UK economic growth from 2% in October 2024 to 1% in 2025.

26 Mar 2025

2025 Spring Statement - what to expect

Chancellor Rachel Reeves will present the 2025 Spring Statement today. We will keep you up to date on the key Spring Statement announcements and supply a summary, which will appear on our website.

25 Mar 2025

Finance Act 2025 receives Royal Assent

The first Finance Act of the Labour government has gained Royal Assent and passed into law.

24 Mar 2025

Act now to boost your state pension, warn tax experts

People should check their National Insurance contributions (NICs) record to see if they can boost their state pension entitlement before 5 April 2025, warns the Low Incomes Tax Reform Group (LITRG).

21 Mar 2025

Bank walking 'tightrope' in the face of global uncertainty

The Bank of England is walking a 'tightrope' on interest rates in the face of global uncertainty and cost pressures, says the British Chambers of Commerce (BCC).

20 Mar 2025

Chancellor should consider tax rises in the Spring Statement

Chancellor Rachel Reeves should consider increasing taxes at this month's Spring Statement, according to the Resolution Foundation.

19 Mar 2025

OECD cuts UK growth forecasts

UK growth will be weaker than previously expected this year and next, according to the Organisation for Economic Co-operation and Development (OECD).

18 Mar 2025

Chancellor unveils plan to cut red tape

Chancellor unveils plan to cut red tape

17 Mar 2025

Regulator poised to act on card payment fees

The Payment Systems Regulator (PSR) is set to act to reduce card payment fees for businesses and consumers in the UK.

14 Mar 2025

UK economy shrank in January

Data published by the Office for National Statistics (ONS) has revealed that the UK economy unexpectedly shrank in January 2025.