Business news

HMRC issues £1.87m in fines for tax mistakes

The number of penalties went up by 80%.

R&D credit claimants to pre-register with HMRC

Changes will come into effect in April 2023.

Recovery loan scheme extended for two years

Government support to assist small businesses with rising costs.

UK CPI inflation reaches 9.4%

June marks the ninth consecutive rate increase.

Wages fall due to cost of living crisis

ONS data shows the fastest rate decline since 2001.

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