Business news.
The latest news stories from the business world
You will not miss out on any significant changes and updates from the UK business world. That is why we run a daily business news feed, compiling all the big updates — from budget announcements to tax changes — as and when they happen.
Business confidence falls significantly
Four in ten businesses anticipate a fall in profits over the next year.Two-year mortgage rates reach 14-year high
The average two-year fixed mortgage rate soars to 6.07%.Pound reaches two-week high
Sterling on track for its sixth consecutive daily rise.Red tape cut for thousands of businesses
Up to 40,000 more businesses to be exempt from future regulations.Government abandons scrapping of additional tax rate
Top earners will still pay the 45p rate, says chancellor.GDP estimated to have risen by 0.2%
The ONS initially estimated a 0.1% fall.Bank of England steps in to protect the economy
The Bank will purchase Government bonds in an effort to stabilise markets.Medium-term financial plan scheduled for November
The OBR will set out a full forecast alongside the plan.Government reveals energy support package
Price cap introduced for businesses from 1 October 2022.Chancellor announces higher earner tax breaks
Both the additional tax rate and dividends tax rates are being slashed.
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