News

June 22, 2026

High energy bills force a quarter of UK manufacturers abroad

One in four of Britain’s manufacturers has moved production abroad or is seriously considering it, according to research by Make UK, formerly the Engineering Employers' Federation.

June 18, 2026

Delayed payments and rising costs see Britain’s builders tottering on collapse

A new report has concluded that late payments and rising costs are crippling Britain’s construction sector. Firms already in or at risk of financial distress make up more than eight in ten companies.

December 1, 2025

HMRC Fixes SA302 Issue Affecting Class 2 National Insurance for 2024/25

Some self-employed taxpayers who filed their 2024/25 self-assessment tax return may have been incorrectly asked to pay class 2 national insurance contributions (NIC) on their SA302 tax calculation. HM Revenue & Customs (HMRC) has now confirmed that this issue has been fixed.

November 28, 2025

Choosing the Right Accounting System for Your Business

For many sole traders and small business owners, reviewing their accounting system only happens when something forces the issue. For instance, many sole traders are currently looking at whether their accounting system meets the requirements for Making Tax Digital for Income Tax.

November 26, 2025

UK Inflation Slows to 3.6% as Energy and Hotel Costs Ease

UK inflation eased to 3.6% in the year to October, down from 3.8% in September, according to the latest figures from the Office for National Statistics (ONS).

November 24, 2025

FSCS Deposit Protection Limit to Rise to £120,000 from December

The Prudential Regulation Authority (PRA) has confirmed that the Financial Services Compensation Scheme (FSCS) deposit protection limit will increase from £85,000 to £120,000 from the start of December.