Survey suggests MPs support mandatory prompt payment code.
Late payment culture threatening SMEs
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Current Affairs
Water firms must pay back £114m to customers
Ofwat review highlights poor performance.
Fossil fuel car ban delay undermines investors
Automakers concerned about supply chains.
Interest rates stall after 14 increases
The Bank of England has paused its aggressive interest rate hikes.
Inflation decreases by 0.1% in August
Unexpected drop in inflation could impact BoE interest rate decision.
Corporate insolvencies reach four-year high
Long-term economic issues impact UK businesses.
UK economy shrinks by 0.5% in July
Contraction comes amid wet weather and strikes.
HMRC signs £140m digital communication deal
Deal part of HMRC’s bid to ease pressure on phone and post staff.
13% of UK adults never plan on retiring, new survey suggests
35% of retirees wish they had planned for retirement earlier.
High inflation makes autumn tax cuts unlikely, says Jeremy Hunt
Warning comes amid hints of interest rate rises.
HMRC recognises that R&D system needs improvements
CIOT remains concerned about HMRC’s ‘volume approach’ to claims.
Business closures to hit 28,000 in 2024
Rising interest rates adding pressure to finances.
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