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The latest tax, employment, business and economic news affecting firms and individuals alike. Updated each day.

Brexit cross-border tax complexities cost UK economy £47bn

20 May 22

Administrative costs hurt businesses even more.

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Sunak sets out ‘plan for growth’ but falls short of immediate support

19 May 22

Chancellor insists the Government “stands ready to do more”.

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UK inflation hits 40-year high of 9%

18 May 22

Macroeconomy now businesses’ number one concern.

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Regular pay tumbles in first quarter of 2022

17 May 22

Only growth in bonuses keeps total pay growth positive.

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GDP fell by 0.1% in March 2022

16 May 22

Fears of recession as monthly GDP contracts.

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