News

July 16, 2026

New proposals to tackle Electronic Sales Suppression

The government is consulting on potential measures that target Electronic Sales Suppression (ESS). Proposals include the introduction of new software standards for Point of Sale systems. Electronic Sales Suppression (ESS) involves businesses using software or devices to manipulate Electronic Point of Sale (EPOS) systems to hide transactions and evade tax.
July 15, 2026

UK hiring trends

The June 'UK Report on Jobs' shows subdued business confidence driving a preference for short-term staff. Temporary staff billings rose at the steepest rate in over three years, while permanent staff appointments continued to decline, although at a much slower pace than in May.
August 13, 2025

Government Unveils Small Business Plan

The government has launched its Small Business Plan which it believes will help small businesses to grow and encourage entrepreneurs to start businesses.
August 11, 2025

New Legal Requirement: Directors and PSCs Must Verify Their Identity from November 2025

From 18 November 2025, identity verification will become a legal requirement for all company directors and people with significant control (PSCs). This is part of a wider reform under the Economic Crime and Corporate Transparency Act 2023, and it’s set to impact millions of individuals connected to UK companies.
August 7, 2025

New Government Reforms Aim to Revive High Streets with Easier Rules for Cafes, Bars and Venues

New government reforms will make it quicker and cheaper for small businesses to turn empty shops into cafes, bars and music venues, as part of a wider push to bring life back to high streets and support small business growth.
August 6, 2025

Man Jailed for Hiding Assets and Breaching Bankruptcy Rules

A businessman has been jailed for more than four years after hiding assets, illegally acting as a company director, and obtaining over £100,000 in credit while still subject to bankruptcy restrictions.
August 4, 2025

UK Economy on the Mend, Says IMF - But Bumps in the Road Remain

The International Monetary Fund (IMF) Executive Board has concluded its 2025 Article IV Consultation assessing that the UK economy is recovering, with modest growth expected this year and stronger momentum building into 2026.
July 31, 2025

Revived Pensions Commission Aims to Secure Better Retirements

The government has announced the revival of the Pensions Commission, twenty years after it helped bring in automatic enrolment. Its goal is to stop future pensioners from being worse off than those retiring today.
July 30, 2025

Government Borrowing Jumps – Are Tax Rises on the Way This Autumn?

UK government borrowing was £20.7 billion for June, according to new figures from the Office for National Statistics (ONS) - an increase of £6.6 billion compared to the same month last year.
July 28, 2025

HMRC Releases Transformation Roadmap

On 21 July 2025, HM Revenue & Customs (HMRC) announced its Transformation Roadmap – a plan to modernise the UK’s tax and customs systems by 2030.

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