Retail sales see biggest rise since 2021

Warmer weather lifts clothing and DIY demand.

Tax receipts reach record £857 billion

Stamp duty and income tax drive sharp increases.

HICBC penalties down from £7m to 23K since 2018

Just 45 penalties issued in 2024/25.

Economy faces slow growth and global trade risks

Services stay strong as other sectors struggle.

Business groups raise concerns over new employment bill

UK’s biggest organisations warn of hiring risks.

Government intervenes to save British Steel

Emergency legislation rushed through to maintain UK steel production.

UK hiring slows as rising costs weigh on employers

ONS data signals cautious outlook for UK workforce.

Business confidence hits two-year low

Tax hikes and trade fears drive down outlook.

Job vacancies fall as hiring demand slows

Higher costs may hold back wages.

Government steps in to save British Steel

Emergency law passed to avoid furnace shutdown.

UK economy grew 0.5% in February

Surprise boost, but uncertainty lies ahead.

Bank of England expected to cut rates in May

Trump’s tariffs raise global recession fears.

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