UK government

UK hospitality sector struggling under 18% inflation rate

Restaurants and hotels are struggling with inflation as high as 18% as supply chain disruption and labour shortages heavily impact the UK's hospitality industry.

Published 20 October 2021

Scottish and UK Government agree first stage of the Fiscal Framework Review

Yesterday, the UK Government and Scottish Government agreed in principle the scope of the independent report that will inform the subsequent review of the Scottish Government’s Fiscal Framework.

Published 15 October 2021

All tips will go to staff under new plans to overhaul tipping practices

All tips will go to staff under new plans to overhaul tipping practices set out by the UK Government today, providing a financial boost to hospitality workers across the country.

Published 24 September 2021

MPs accuse insolvency sector of widespread misconduct

UK Ministers have accused the insolvency profession of widespread misconduct after an inquiry found evidence of “intimidation”, “deception” and “misappropriation of assets”.

Published 14 September 2021

Finance secretary Kate Forbes seeks assurances on National Insurance increase

Following UK Government plans to implement a 1.25% increase in National Insurance contributions to fund the NHS and social care in England, finance secretary Kate Forbes is seeking assurances that the UK Government will cover the full cost of this increase for public sector employers.

Published 13 September 2021

UK Government borrowing hits £10.4bn in July

UK Government public sector borrowing reached £10.4 billion in July, however, this was £10.1bn less than in July 2020.

Published 20 August 2021

UK Treasury announces plans to sell NatWest Group shares

The UK Government has announced that it intends to sell part of its shareholding in NatWest Group plc (formerly the Royal Bank of Scotland Group plc).

Published 23 July 2021

UK ministers seek to stamp out rip-offs with new consumer protections

An arsenal of planned reforms to boost competition and shield the public from rip-offs as the UK builds back fairer from the pandemic have been unveiled by the UK Government's business secretary Kwasi Kwarteng.

Published 20 July 2021

Scottish and Welsh Governments call for fair funding

The UK government will undermine devolution if they establish freeports in Scotland and Wales without reaching agreement with devolved governments, according to Scottish and Welsh ministers.

Published 16 July 2021

Taxman to go easy on UK firms in financial difficulty to prevent mass insolvencies

The UK Government has told UK firms struggling with coronavirus-related debts that it will not pursue them for unpaid taxes in an attempt to avoid an increase in insolvencies this summer.

Published 23 June 2021

UK audit shake-up plans face setback as small firms consider rejecting proposal to share FTSE 100 work

The UK Government’s plans to shake up the accountancy sector are facing a significant setback, as smaller firms consider snubbing reforms that would see them share FTSE 100 work with the Big Four companies.

Published 26 May 2021

Firms that employ veterans to be exempt from paying national insurance for one year

All UK firms that employ veterans will be exempt from paying national insurance on the first 12 months of their employment.

Published 6 April 2021

Two million of UK's lowest paid workers to receive pay rise from today

An estimated two million of the UK’S lowest-paid workers will receive pay rise from today as statutory minimum wages increase.

Published 1 April 2021

UK Government extends temporary insolvency measures

The UK Government has extended temporary insolvency measures providing further support to businesses during the pandemic.

Published 26 March 2021

Pay-as-you-go income tax system will burden small businesses, experts warn

Government plans for a new “pay-as-you-go” income tax system for the self-employed will burden small businesses, UK experts have warned.

Published 24 March 2021