International trade week gets under way

The Department for International Trade (DIT) is hosting international trade week to provide UK exporters with wide-ranging information and advice to help them grow. Exports are central to the Government's plan to ‘level up' every part of the UK, with a...

Economy grows by 0.6% in September 2021

Gross domestic product (GDP) is estimated to have grown by 0.6% in September 2021, data from the Office for National Statistics shows. The figures confirm the economy is continuing on its road to recovery after growth stalled in August at 0.1%, revised down from 0.3%,...

Online sales fall by 11.2% in year to October 2021

Despite expectations of early festive spending, online retail sales fell by 11.2% in the year to October 2021 according to information technology company Capgemini. The latest IMRG Capgemini Online Retail Index, which tracks the online sales performance of over 200...

HMRC collects £27.9bn less tax

HMRC collected £27.9 billion less in tax revenues in the 2020/21 tax year than the previous year as a result of the pandemic, according to HMRC annual accounts. In its 2020/21 annual report, HMRC said it collected £608.8bn in tax, down by 4.4% from £636.7bn collected...

3 in 5 pension schemes fail to consider climate change

Too few pension schemes take climate-related risks and opportunities into account when devising investment strategies, according to a new report by The Pensions Regulator (TPR), which could potentially harm investment performance and leave savers worse off in...