Business news

The latest tax, employment, business and economic news affecting firms and individuals alike. Updated each day.

UK inflation drops to 2.6%

The rate of inflation fell unexpectedly to 2.6% in June, down from 2.9% in May 2017.

Government raises state pension age

People born between 6 April 1970 and 5 April 1978 will have to work an extra year.

Adults not saving enough on regular basis

56% of adults feel they are not saving enough of their pre-tax income each month.

SMEs hit with auto-enrolment fines

Smaller firms are more likely to ignore their auto-enrolment duties, putting them at risk of a penalty fine.

Will laws should be “modernised”

The Law Commission has proposed significant changes to bring wills into the modern era.

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