News

Stay up to date on all of the latest business and tax happenings.

Posted
22 Oct 2025

UK inflation rate remains at 3.8%

Data published by the Office for National Statistics (ONS) has revealed that the rate of inflation held steady at 3.8% in the year to September.

Posted
21 Oct 2025

Employers named and shamed for minimum wage breaches

The government has named and shamed nearly 500 employers who failed to pay the National Minimum Wage (NMW).

Posted
20 Oct 2025

Chancellor must avoid 'doing bare minimum' in Budget

The Institute for Fiscal Studies (IFS) has warned Chancellor Rachel Reeves that she must 'avoid doing the bare minimum' in the upcoming Autumn Budget on 26 November in order to dodge a 'fiscal Groundhog Day' next year.

Posted
17 Oct 2025

UK will be second-fastest growing G7 economy, IMF predicts

The UK is set to be the second-fastest-growing of the world's most advanced economies this year, according to new projections from the International Monetary Fund (IMF).

Posted
16 Oct 2025

UK economy grew 0.1% in August

The UK economy expanded by 0.1% in August, according to the latest figures from the Office for National Statistics (ONS).

Posted
15 Oct 2025

Unemployment rate rises as job vacancies fall

Data published by the Office for National Statistics (ONS) has revealed that the unemployment rate rose to 4.8% between June and August 2025.

Posted
14 Oct 2025

Chancellor should use Budget to reform tax system, IFS says

Chancellor Rachel Reeves should use the Autumn Budget to reform the UK's tax system, says the Institute for Fiscal Studies (IFS).

Posted
13 Oct 2025

HMRC brings in extra £4.6 billion using 'big data' system

HMRC brought in an extra £4.6 billion in tax revenue last year by using its 'big data' system.

Posted
10 Oct 2025

Countdown to Vaping Products Duty begins

There is now less than a year until the UK government introduces a Vaping Products Duty (VPD) and vaping duty stamps (VDS) on 1 October 2026.

Posted
09 Oct 2025

Study finds 'increased openness' to using external finance amongst firms

A study carried out by the British Business Bank has revealed that the use of external finance amongst small firms stabilised in 2024 as businesses increasingly welcome using finance for growth.

Posted
08 Oct 2025

New tax avoidance law risks missing target, warns CIOT

New legislation aimed at tackling rogue tax agents and those pushing tax avoidance schemes won't catch all of those it is aimed at, warns the Chartered Institute of Taxation (CIOT).

Posted
07 Oct 2025

HMRC to resume taking tax owed by debtors directly from bank accounts

HMRC has resumed its programme allowing direct recovery of money from debtors' bank accounts.

Posted
06 Oct 2025

Over 750,000 young people yet to claim savings

Over 750,000 18-to-23-year-olds have yet to claim their matured Child Trust Funds (CTFs), according to HMRC.

Posted
03 Oct 2025

Budget must give UK business a competitive edge

The Autumn Budget must sharpen the UK's competitive edge to stay ahead of the pack in an increasingly dog-eat-dog world, says the British Chambers of Commerce (BCC).

Posted
02 Oct 2025

Business confidence falls to new record low

Business confidence fell to its lowest level on record in September, driven by concerns over soaring costs, according to a survey conducted by the Institute of Directors (IoD).

Posted
01 Oct 2025

Digitally excluded taxpayers urged to consider MTD exemption

The Low Incomes Tax Reform Group (LITRG) is urging taxpayers who cannot manage their tax affairs digitally and are set to begin using Making Tax Digital for Income Tax (MTD for IT) to check whether they are able to claim an exemption.

Archive News

Click here to access our full archive

Cirrus Cloud Accounting, 41 Rodney Road, Cheltenham, Gloucestershire GL50 1HX
Cirrus Cloud Accounting is a trading name of Mitchell Glanville Limited © 2025 Cirrus Cloud Accounting. All rights reserved. We use cookies on this website, you can find more information about cookies here.