Businesses could be prosecuted if they profit from fraud committed by one of their employees even if managers do not know about it, under new UK laws. The new “failure …
September 2025
Change windfall tax to make £137bn by 2050, Chancellor told
Chancellor Rachel Reeves has been urged to reform the windfall tax in a move that could boost the economy by £137bn by 2050. Ahead of the start of its conference …
Local shops axe jobs and cut investment amid surging costs
UK convenience stores have cuts 2,000 jobs over an “extremely challenging year” after coming under pressure from soaring labour costs and fierce competition from supermarkets. The Association of Convenience Stores …
Reeves warned ‘sin taxes’ could fail to boost tax receipts
Labour officials have been warned that plans to boost government revenue by raising “sin taxes” could be judged harshly by the Office for Budget Responsibility (OBR) this year, with industry …
Firms mildly confident about growth after worst reading on record
Firm owners are now mildly confident about seeing their companies grow after July’s reading showed business confidence at the second-lowest level on record, according to a leading industry group’s monthly …
Budget 2025: Lloyds, Natwest and Barclays brace for a tax raid?
Ahead of the 2024 Autumn Budget, Prime Minister Sir Keir Starmer warned Labour’s first fiscal event was “going to be painful”. He added those with the broadest shoulders “should bear …
Big Brother: Can your employer monitor your whereabouts?
As businesses grapple with the current economic challenges, the support measures previously offered to employees during the pandemic are being tightened. However, as companies adopt more stringent monitoring practices, the …