Bank of England expected to cut rates in May
Trump’s tariffs raise global recession fears.
Mortgage rates tipped to fall again
Bank of England expected to cut base rate.
Rising employment taxes hit UK hiring
Businesses delay recruitment and salary reviews.
Prime Minister pledges more support for UK businesses
PM reacts to Trump’s new tariff policy.
IoD warns of ongoing business caution
Latest data points to subdued confidence among UK businesses.
USA imposes 10% tariff on UK exports
Blow to UK economy despite softer approach.
HMRC issues warning over prepaid card tax schemes
Companies urged to exit tax avoidance schemes.
Spring Statement sees 10% late payment penalty introduced
Treasury doubles down on late payment enforcement.
Over a fifth of adults not looking for work
Economic inactivity remains a focus for UK growth plans.
Deposit protection limit could rise to £110,000
Bank of England proposes updated FSCS savings cap.
HMRC prosecutions of tax enablers fall sharply
There were fewer than five criminal cases in 2023/2024.
Proposed changes to R&D tax credit assurances
New consultation explores mandatory advance approvals.