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Business News

All the latest business news from Hodge Bakshi Chartered Accountants & Chartered Tax Advisers.

04 Dec 2023

Directors' confidence 'stuck in a rut', IoD finds

The Institute of Directors (IoD) has found that confidence amongst directors in the UK is 'stuck in a rut'.

01 Dec 2023

Private sector activity falls in November

Private sector activity continued to fall in the three months to November, according to the Confederation of British Industry's (CBI) latest Growth Indicator.

30 Nov 2023

Businesses still struggling to understand net zero target

Almost half of UK small and medium-sized enterprises (SMEs) don't know any details about the government's net zero target, according to research carried out by the British Chambers of Commerce (BCC).

29 Nov 2023

Autumn Statement spending plans represent 'very big fiscal risk', OBR warns

The Office for Budget Responsibility (OBR) has warned the government that the spending plans outlined by Chancellor Jeremy Hunt in the recent Autumn Statement represent a 'very big fiscal risk'.

28 Nov 2023

Utility bills 'main drivers of rising costs' for many small firms, FSB finds

Research carried out by the Federation of Small Businesses (FSB) has found that utilities remain cost drivers for 'a majority' of small firms in the UK.

27 Nov 2023

Report finds HMRC has 'lost sight of putting taxpayers first' in relation to MTD

A report published by the Public Accounts Committee (PAC) has warned that HMRC has 'lost sight of needing to put taxpayers at the heart of changes to the tax system', including the implementation of Making Tax Digital (MTD).

24 Nov 2023

Autumn Statement cuts 'won't stop tax revenues rising to highest ever levels'

The Institute for Fiscal Studies (IFS) has warned the government that the tax cuts announced in the 2023 Autumn Statement won't prevent tax revenues rising to their highest ever levels.

23 Nov 2023

Autumn Statement national insurance changes 'ease burden on strivers'

The changes to national insurance announced yesterday by Chancellor Jeremy Hunt in his 2023 Autumn Statement will help to 'ease the burden on strivers up and down the country', the Federation of Small Businesses (FSB) has said.

22 Nov 2023

2023 Autumn Statement - what to expect

Chancellor Jeremy Hunt will present the 2023 Autumn Statement today. We will keep you up to date on the key Autumn Statement announcements and supply a summary, which will appear on our website.

22 Nov 2023

Chancellor delivers tax cuts with Full Expensing made permanent

Chancellor Jeremy Hunt used his Autumn Statement to make tax cuts for businesses, workers and the self-employed.

22 Nov 2023

2023 Autumn Statement - the economic picture

Within his Autumn Statement speech, Chancellor Jeremy Hunt outlined measures to back business and 'get Britain growing'.

22 Nov 2023

2023 Autumn Statement - the business reaction

Business groups, including the British Chambers of Commerce (BCC), the Federation of Small Businesses (FSB) and the Confederation of British Industry (CBI), have reacted to Chancellor Jeremy Hunt's 2023 Autumn Statement speech.

22 Nov 2023

2023 Autumn Statement - the political reaction

Addressing the House of Commons, Chancellor Jeremy Hunt used the 2023 Autumn Statement to announce a range of measures designed to boost economic growth, reward hard work and strengthen business investment.

21 Nov 2023

Cutting inheritance tax 'not as simple as its proponents suggest', warns IFS

Ahead of the 2023 Autumn Statement tomorrow, the Institute for Fiscal Studies (IFS) has warned that cutting the inheritance tax (IHT) rate 'is not as simple as its proponents suggest'.