Pension tax report due imminently

A report on the tapered annual allowance is expected to be published ahead of the upcoming Budget on 11 March 2020. Prior to last month's election, the Government's election manifesto vowed to fix the tapered annual allowance. The issue is particularly prevalent in...

Retailers suffer ‘worst year on record’

Struggling retailers experienced their worst year on record for annual sales in 2019, according to the British Retail Consortium (BRC). Total sales among the UK's beleaguered retailers decreased 0.1% last year, compared with 1.2% growth in 2018. The figures take into...

‘Increase access to flexible working’

The average employee loses five days a year commuting to and from work, according to a study. The Confederation for British Industry (CBI) polled 2,000 workers and found the typical respondent lost 2.7 hours a week to travel disruption or delays. Adding up that weekly...

Economy stagnates in Q4 2019

Statistics released by the British Chambers of Commerce (BCC) suggest that the last quarter of 2019 was tough for UK businesses with "protracted weakness across most indicators of economic health". The BCC's Quarterly Economic Survey suggests that the service sector...

Warning bells as rental numbers plunge

The UK's housing crisis could be deepening following a report which shows a shortage of new private rental properties on the market. The Royal Institution of Chartered Surveyors' (RICS) latest residential market survey reported a decline in the number or rental...