News

October 15, 2026

Major business consequences of Deposit Return Scheme

Manufacturers, importers, wholesalers and retailers are being warned that significant regulatory change is coming under the Deposit Return Scheme (DRS).

October 14, 2026

Value of R&D relief up, number of claims down

New research on companies claiming Research and Development (R&D) tax credits shows the value of tax relief support was £8.2 billion, an increase of 5%, while the number of R&D tax credit claims decreased by 17% for 2024-25.

January 2, 2025

Latest statistics show economy shrinking while wages grow

The Office for National Statistics’ (ONS) latest official figures for October show that the economy shrank for the second month in a row, while pay growth increased for the first time in more than a year.

December 23, 2024

Spring Forecast scheduled for 26 March 2025

Rachel Reeves, the Chancellor of the Exchequer, has confirmed 26 March 2025 as the date for the Spring Forecast.

December 19, 2024

Chancellor promotes reset of UK-EU trade relations

Chancellor Rachel Reeves spoke last week at a meeting of EU finance ministers as part of the government’s attempt to perform an economic reset with the EU. It was the first time a UK chancellor has attended such an event since the UK left the EU.

December 18, 2024

HMRC introduces new interactive tool for self-employed people

HM Revenue and Customs (HMRC) have announced the launch of a new interactive online tool and clearer guidance for those who are already self-employed and those considering it.