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Kwarteng’s mini-budget creates further tax divergence between Scotland and UK

Taxpayers in Scotland face higher tax bills than those in England after Friday’s so-called mini-budget created further tax divergence between Scotland and the rest of the UK. Chancellor Kwasi Kwarteng announced a cut in the basic rate of tax to 19p ...

23 Sept 2022 at 15:09

Online Safety Bill is not fit for purpose, say IT experts

Tech experts have concerns over whether the Online Safety Bill is workable, with only a small minority believing it is currently fit for purpose, according to a survey of the IT industry. A study by BCS, the Chartered Institute for IT, found that ...

12 Aug 2022 at 01:01

Economy continues to weaken, influential report finds

The UK’s economic growth has fallen to a 20-month low so far in September, as the cost of living affects households and the mourning period for the Queen weighed on activity. According to a closely watched survey, the services and manufacturing ...

23 Sept 2022 at 10:49

Vintage clothing enthusiast crowned Hobby Hero in national competition

A vintage clothing enthusiast whose pastime is to dress in 1940s outfits has been crowned Eventbrite’s Hobby Hero in a national competition. Teresa Fisher, 50, from Stone in Staffordshire, dresses as a 1940s “promenader” with her husband Steve,...

01 Aug 2022 at 06:59

Construction industry shrinks for first time in 18 months

UK construction firms have seen activity in the sector decline for the first time since January 2021 due to pressure from soaring costs and higher interest rates, according to new figures. The closely watched S&P Global/CIPS construction ...

04 Aug 2022 at 11:58

Surging inflation leads to sharp slowdown in UK service sector

The UK service sector suffered its worst performance for more than a year last month as rocketing inflation dragged on consumer demand. The closely-watched IHS Markit/CIPS UK services PMI survey scored 53.4 in May, tumbling from a 58.9 ...

07 Jun 2022 at 11:38

City

Manufacturing grows as supply chain disruption eases

The UK’s manufacturing sector has grown at its fastest pace in seven months as demand rose and supply chain delays and raw material shortages eased, according to data. The closely followed IHS Markit/CIPS Purchasing Managers’ Index ...

01 Mar 2022 at 11:25

Construction sector continues growth as price increases ease

The rapid cost increases in the construction sector showed further signs of easing off in February after months of heavy rises, according to new survey data. Builders reported they were still facing problems in supply chains, and ...

04 Mar 2022 at 11:25

Rising costs hit orders for UK construction firms

Rising costs and economic worries started to restrict growth in the UK’s construction sector last month, but businesses are still expanding, new data show. An influential survey found that the increased prices that companies are ...

06 May 2022 at 11:25

Data protection reforms ‘must protect adequacy arrangement with the EU’

Proposed changes to UK data protection law must not put the flow of data between the UK and the EU at risk, IT experts have warned. As part of the Queen’s Speech, the Government announced plans to reform “highly complex” data ...

17 May 2022 at 01:25

Manufacturing growth slows as Brexit and cost-of-living problems weigh

The expansion of the UK’s manufacturing sector slowed to a seven-month low as inflation ate into household spending and exports dropped in part due to Brexit. According to an influential survey, the sector struggled to keep ...

01 Jun 2022 at 11:29

Construction companies see six-month highs in rising costs

Rises in construction costs soared back to six-month highs in March after briefly dipping in February. According to a well-respected survey of construction businesses around the country, February had seen a nearly year-low ...

06 Apr 2022 at 11:55

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