Business News Enfield : Singletree Accountants

Business News

This section contains the latest business news stories.

Inflation heaping pressure on firms, warns BCC

UK firms are still under pressure after the annual rate of inflation remained at 3.8% in August, the British Chambers of Commerce (BCC) has warned.

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Covid repayment window opens

The government has launched a voluntary repayment scheme to allow recipients of financial Covid support to repay outstanding money they were not entitled to or did not need with 'no questions asked'.

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Chancellor to explore reforms to business rates on second premises

Chancellor Rachel Reeves will look at fixing the cliff edges in business rates that can discourage small business investment and growth, according to a report from HM Treasury.

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'More must be done' to reform Lifetime ISAs

The Treasury Committee has stated that the government has 'not heeded warnings' that the Lifetime ISA requires reform.

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Budget Board must focus on easing the cost of doing business, says IoD

The government's Budget Board must focus on easing the cost of doing business, says the Institute of Directors (IoD).

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Four million calls to HMRC unanswered every year, MPs told

MPs were recently told that four million calls to HMRC go unanswered each year, risking 'undermining compliance and the government's revenue targets'.

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Changes to 'sugar tax' could damage business confidence

UK soft drinks producers have warned Chancellor Rachel Reeves that proposed changes to the Soft Drinks Industry Levy will damage business confidence and have 'severe economic consequences for the industry'.

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Economic outlook remains subdued

The overall outlook for the UK economy remains subdued despite an upgrade to its forecast, says the British Chambers of Commerce (BCC).

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Lowering VAT threshold would be manifesto breach, warns IPSE

Lowering the threshold at for VAT registration would breach Labour's manifesto, IPSE, the Self-Employed Association has warned.

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Autumn Budget to be delivered on 26 November

The Autumn Budget will be delivered on 26 November by the Chancellor of the Exchequer, HM Treasury has announced.

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Companies face prosecution risk as new fraud law comes into force

Companies could be prosecuted and face unlimited fines if they fail to prevent fraud that their firm profits from under a new corporate offence.

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Business confidence rises but concerns over taxes remain

Confidence amongst business leaders rose to -61 in August from -72 in July, the Institute of Directors (IoD) has found.

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Nearly 5,000 scams reported to FCA in first half of 2025

Data published by the Financial Conduct Authority (FCA) has revealed that 4,465 reports of scams were made in the first six months of 2025.

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Unemployment yet to peak, warns think tank

Although the unemployment rate has risen this year it is yet to peak, according to analysis by think tank the Resolution Foundation.

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