Uk Government

An estimated two million of the UK’S lowest-paid workers will receive pay rise from today as statutory minimum wages increase. The National Living Wage rises by 2.2% to £8.91, the equivalent of more than £345 a year for a full-time employee, and will be given to 23 and 24-year-olds

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

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

Housing minister Kevin Stewart has written to the UK Government to urge a rethink on VAT rates for building refurbishments and renovations. In his letter to Treasury minister Jesse Norman, he argues the current situation acts as a disincentive to improvement work that might make buildings more energ

NatWest Group has bought back £1.1 billion of shares, bringing the UK Government's stake in the banking group down from 61.1% to 59.8%. The Royal Bank of Scotland owner has agreed with HM Treasury to make an off-market purchase for the total consideration of £1,125,341,269.13 for 590,730

The Department for Business, Energy & Industrial Strategy (BEIS) has launched a consultation on wide-ranging reforms to modernise the country’s audit and corporate governance regime. The UK Government's plans for reform could make to easier to reclaim bonuses paid to the executive of faile

Small and medium-sized enterprises (SMEs) can now apply for grants of up to £2,000 to help them adapt to new customs and tax rules when trading with the EU.

MPS are considering implementing a new exploration licence ban signalling the beginning of the end for the North Sea oil industry.

Increasing the contactless payment spending limit could lead to a rise in thefts and fraud, consumer and finance figures have warned. On Thursday, Chancellor Rishi Sunak announced that the contactless payment limit in shops would rise to £100.

The UK Government, through UK Research and Innovation (UKRI), is investing £153 million to develop new products and services based on advances in quantum technologies that will have a significant impact on financial services.

The UK Government has laid draft regulations in Parliament that implement the requirement for mandatory independent scrutiny of pre-pack administration sales where connected parties are involved in the purchase.

The UK Government must continue to be focused on ensuring the success of UK fintech, according to the newly released Kalifa Review of Fintech.

The UK Government has announced enhanced financial support for the seafood industry with cash grants for seafood and aquaculture businesses across the UK.

Economy secretary Fiona Hyslop is calling on the UK Government to provide further support to companies struggling to trade with the EU post-Brexit. Urgent financial assistance is needed to help small businesses hire customs agents to deal with the additional bureaucracy involved with importing from

UK Government borrowing hit £8.8 billion in January making it the highest January figure since record began in 1993, according to new figures from the Office for National Statistics (ONS).