Britain’s economic outlook darkened on Wednesday as the Office for Budget Responsibility prepared to slash its productivity forecast — widening the UK’s £20bn fiscal gap and increasing the likelihood of fresh tax rises. Business leaders fear higher rates and property

Business news 15 October 2025 Tax reform is dominating the economic agenda today, with experts urging Chancellor Rachel Reeves to overhaul the UK’s complex tax system and warning that major hikes may be unavoidable in next month’s Budget. As the

Business news 13 October 2025 Chancellor Rachel Reeves faces mounting pressure over tax reforms as productivity surges and household debt hits a 20-year low. The IFS warns against “directionless tinkering,” while the BRC and Co-op caution that new business rate

Business news 29 September 2025 Small businesses woke up today to renewed warnings on taxes, business rates, and economic headwinds. With the Government’s £30bn fiscal gap under scrutiny, speculation is growing that SMEs may bear the brunt in the November

Business news 20 October 2022 James Salmon, Operations Director. 600,000 firms in financial distress. Small business confidence sinks. Inflation rises to 10.1%. Record pay rises on the cards. Business rates bill set to jump £3bn. PM promises to keep pensions triple