News

HMRC proposes hefty fines for accountants facilitating tax avoidance

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The UK Treasury is cracking down on tax avoidance by proposing tougher new fines for accountants or advisers who help customers bend the law...
male worker cleaning floor

Reduced migration post-Brexit unlikely to boost wages says study

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Any anticipated benefits from reduced migration are likely "to be dwarfed" by the larger economic impact of the Brexit vote to leave the European...
Apple Inc., logo

Apple boosting investment in China, building Asia-Pacific R&D centre

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Apple will begin investing more in China and plans on building its first Asia-Pacific research and development centre in the country, CEO Tim Cook...
Bank of England in London

Bank of England successfully completes second round of bond buying

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The Bank of England successfully completed its second round of bond buying on Tuesday after failing to find enough sellers last week. The central bank...
passengers at Euston

Rail fares ‘increasing at double wage rates’ say unions

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Rail fares have increased at twice the speed of wages in the last 6 years says new research by trade unions, released as the...
apprenticeship levy

Apprenticeship levy starts April 2017 say UK government

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The apprenticeship levy is to go ahead next year as planned. The UK government made the announcement on Friday as they called for comments...
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UK supermarket sales in Q2 fell below £100 billion for the first time since...

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The fierce price war within the UK’s grocery sector has pushed supermarket sales below the £100 billion level for the first time since 2010,...
jobs

Clear deterioration in hiring intentions by UK employers following Brexit vote

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There is “clear deterioration” in hiring intentions by UK employers as a result of the Brexit vote, according to a report by CIPD and...
Tees REP biomass power plant

One of the world’s largest biomass power plants to be built in North East...

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Site preparation work for one of the world's largest biomass power plants - to be built in North East England - is due to start...
Ex aide of Nigel Farage George Cottrell arrested in USA

Nigel Farage former aide in FBI detention in fraud and money laundering probe

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A former aide of ex-UKIP leader Nigel Farage, George Cottrell, was detained by the FBI at Chicago’s O’Hare airport last month on suspicion of...