Business news
Energy price cap to increase in winter
Ofgem boss warns of a rise of nearly £1,000 by October.Energy bills loan becomes £400 grant
One-off payments will be made to low-income earners.Government U-turns on windfall tax for energy companies
25% tax on excess profits announced for energy companies.Retail sales volume rose in April 2022
Sales volumes in three months to April continue to drop.Recession fears grow amid stagnating economy
Concerns grow as economy shrinks by 0.1% in March.Is hybrid working here to stay?
8 in 10 say they want to do hybrid work in the future.4 in 5 employers ‘negatively impacted’ by NICs rise
BCC reports increased staffing costs and decreased investment.HMRC suspends payment of some R&D tax credits
Delays expected as HMRC clamps down on abuse.Experts call for rethink of online sales tax
Critics doubt tax would effectively address business rates balance.Brexit cross-border tax complexities cost UK economy £47bn
Administrative costs hurt businesses even more.
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