Pensioners across the UK are scrambling to purchase heat-saving equipment as the government prepares to cut winter fuel payments for millions. DIY stores have reported a surge in sales as households look for ways to reduce energy bills ahead of the colder months. New data from B&Q shows a near 20% rise in sales of […]
Martha Lane Fox, co-founder of Lastminute.com, has been appointed co-chair of a new government panel tasked with guiding the reform of public sector services through technology. The panel of 12 experts, which includes industry leaders and academics, will support the government in optimising technology across public services. Lane Fox will lead the group alongside Paul […]
eBay UK has announced the removal of selling fees for private sellers across all categories except motors, as part of its ongoing efforts to streamline and enhance the marketplace experience. Private sellers will no longer have to pay final value or regulatory operating fees, making it easier and more profitable to sell on the platform. […]
At the recent 2024 Global Search Awards, rugby news platform, RugbyPass, was named the winner of two hotly contested and highly coveted awards – the ‘Best Use of Content Marketing’ and ‘Best Use of PR’. RugbyPass, alongside its partnered digital agency, Another Concept, were recognised in these categories for their campaign work during the 2023 […]
Companies House has implemented a new regime of penalties aimed at improving compliance and transparency in the UK’s company register, with a focus on cracking down on misuse and economic crime. Registered companies are being urged to meet their legal obligations, such as timely filing of confirmation statements, to avoid facing financial penalties or more […]
A sharp increase in creditors’ voluntary liquidations (CVLs) has raised alarms about potential abuse of the process, allowing companies to shed debts with minimal scrutiny. CVLs, where a company’s shareholders agree to wind up the business due to insolvency, have reached record levels, making them the most common form of corporate insolvency in the UK. […]
HMRC has reported a significant 21% drop in research and development (R&D) tax credit claims for the 2022/23 tax year, with the number of claims falling to 65,690 from 83,240 in the previous year. Nikhil Oza, Partner at UHY Hacker Young, attributes the decline to HMRC’s increasingly stringent claim processing, which is discouraging small businesses […]
Samir Desai, co-founder and former CEO of Funding Circle, is stepping down from the board of the small business lender, distancing himself further from the company he helped build. Desai, 41, was instrumental in founding the peer-to-peer lending platform in 2010 alongside Andrew Mullinger and James Meekings. After serving as CEO for 12 years, he […]
Four out of five family-owned businesses have accused the Labour Party of misleading voters about its tax plans, according to a survey by Family Business UK. The trade association has expressed serious concerns over potential changes to longstanding tax reliefs, particularly business property relief, which allows families to pass on business assets with reduced or […]
As Rachel Reeves prepares to deliver her first budget on October 30, several key predictions have emerged regarding how she might tackle the £22 billion deficit left by the Conservatives. Reeves has ruled out a return to austerity, promising real-term growth in public spending, likely funded by tax increases and selective borrowing. Here’s a breakdown […]