Government launches review into tackling late payments for SMEs
UK businesses are currently owed £23.4bn in outstanding invoices.
Government urged to boost economic growth
The CBI says the UK will lose ten years of growth if no action is taken.
Inflation and energy prices remain top business concerns
Businesses showing signs of strain towards winter.
Black Friday sees upturn in retail sales
Spending data shows a 33% increase in retail footfall.
Inheritance tax receipts rise by £4.1bn
The increase comes just months before the threshold freeze.
One in four small firms fear closure
Small firms’ survival depends on Government support.
Companies urged to file accounts online
Accounts must be submitted by 31 December.
Manufacturing sector facing a tough winter
Despite a rise in output volumes, production is expected to decline.
Five-year mortgage rates fall below 6%
New data indicates mortgage rates are returning to normal.
Tax take soars to £432.8bn
Total tax take for 2021/22 so far is £41.5bn higher than last year.
OBR report confirms UK in recession
Economic recovery expected in late 2024.
Chancellor sets out tax freezes and spending cuts
Government plans aim to promote fiscal stability