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Surprise jump in inflation: How to navigate your business
February 25, 2025
Surprise jump in inflation: How to navigate your business
Inflation figures for January 2025 were released last week and showed a surprising jump to 3.0%, up from 2.5% in December.
Crackdown on illegal working in the UK: Key highlights & takeaways
February 20, 2025
Crackdown on illegal working in the UK: Key highlights & takeaways
The UK government has intensified its crackdown on illegal working, with January 2025 seeing record enforcement activity. Home Secretary Yvette Cooper announced these efforts as the Border Security, Asylum, and Immigration Bill returned to Parliament last week.
HMRC late payment interest rates to be cut
February 19, 2025
HMRC late payment interest rates to be cut
Following the reduction in the Bank of England base rate, HM Revenue & Customs (HMRC) have confirmed that their interest rates will be reduced accordingly.
Reforms to homebuying coming
February 19, 2025
Reforms to homebuying coming
The government announced major plans last week to modernise the house buying and selling process. The reforms centre on digitalising and making property and identity data available electronically. This will allow mortgage companies and surveyors to have information within easy reach.
Base rate cut to 4.5%
February 10, 2025
Base rate cut to 4.5%
The Bank of England reduced their base rate to 4.5% last week, as had been widely expected in the days leading up to the decision.
Reforms to pensions proposed in order to drive growth
February 6, 2025
Reforms to pensions proposed in order to drive growth
The Prime Minister and Chancellor met with business leaders last week and unveiled proposals to give occupational defined pension schemes more flexibility.
Is cash still king?
February 5, 2025
Is cash still king?
The new economic secretary to the Treasury, Emma Reynolds, has said that there are no plans to regulate businesses, whether big or small, to compel them to accept cash.
Chancellor’s speech: An update on economic growth measures
February 3, 2025
Chancellor’s speech: An update on economic growth measures
The Chancellor of the Exchequer, Rachel Reeves, delivered a speech last week that served as an update on the government’s plans for delivering economic growth.
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