UK sees record company formations in 2023
Over 900,000 new companies created.
Landlord mortgage arrears double within a year
Rise attributed to elevated mortgage rates.
ICAEW outlines recommendations to boost UK productivity
The 16-point manifesto focuses on 7 key areas.
HMRC clamps down on undeclared dividends
Recipients must pay within 90 days.
‘Help to Grow’ campaign and small business council to aid SMEs
Help to Grow aims to support up to 30,000 SMEs.
Over a million miss self-assessment deadline
Late filing rises by 10% compared to last year.
Bank of England holds interest rates at 5.25%
Committee votes with a 6-3 majority.
‘Limited tax cut options in Budget,’ says Chancellor
Further cuts unlikely in upcoming financial statement.
HMRC introduces compulsory payrolling of BIKs
New rules will apply from April 2026.
Rapidly growing companies face financial stress
Report identifies 66,000 SMEs as at risk.
Corporate insolvencies surge in 2023
Harsh business climate puts pressure on firms.
House prices begin to fall at a slower rate
Sales agreements up year-on-year across UK.