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Current Affairs

Inflation unexpectedly rises to 3.5%

Inflation in the UK rose in March to 3.5 per cent, up from 3.4 per cent the previous month, driven by higher food, clothing and recreation prices, according to the Office of National Statistics.

New mobile apps to help small firms with record keeping

New mobile apps that will allow small businesses access to simple record keeping accounts on the go are to be produced by commercial software houses, following consultation with HMRC.

Scottish business performance picks up but concerns remain

Businesses in Scotland have seen a slight improvement in performance in the first quarter of 2012 compared to the same period last year, according to figures published by the Scottish Chambers of Commerce (SCC).

Temporary agency workers drive business growth but lower wages

Using temporary agency workers can improve company performance but cause anxiety amongst permanent staff who receive lower wages for the same roles, a new study by the National Institute of Economic and Social Research (NIESR) has found.

Big six energy deal to benefit households and businesses

An agreement between the UK's 'big six' energy companies, meaning they will be required to tell customers if they are overpaying and allow them to switch to a better deal , is to cut the bills of millions of consumers and businesses, according to the Government and business groups.

Charities raise concerns over tax relief cap on donations

UK charities have criticised Chancellor's George Osborne's comments regarding tax avoidance by top earners in the UK, claiming they will damage philanthropic giving.

Chancellor to 'take action' on top-level tax avoidance

Chancellor George Osborne has admitted he was 'shocked' by the level of tax avoidance taking place by some of the top earners in the country, after being shown confidential tax returns as part of a study by HMRC.

New tax year brings in tax and benefit changes

Significant tax and benefit changes, which come into force with the beginning of the 2012/13 tax year on 6 April, will affect millions of families around the UK, according to Government and opposition figures.

UK economy shows improvement although still weak

The UK economy has shown 'encouraging' signs of improvement in the first three months of this year, although the pace of recovery is still 'too slow', the British Chambers of Commerce (BCC) has said.

UK businesses committed to 'going green'

Small and medium sized enterprises (SMEs) in the UK are more committed to sustainability, including saving energy, minimising waste, and recycling, compared to their European Union (EU) counterparts, a new European Commission study has found.