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British Chambers of Commerce warns against 'hasty' rate rise

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The Serious Fraud Office fined for incorrect VAT claims

The Serious Fraud Office (SFO) was fined more than half a million pounds for owing HMRC £4m in VAT.

The fraud watchdog used to reclaim VAT on legal fees and some specialist staff.

After a … Continue Reading »

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Workers' wages peak in their late 30s, says ONS

Workers' wages peak in their late 30s, official data shows, unlike the mid-1970s when people were paid the most when they were aged in their late 20s.

In 2013, those aged 38 had the highest a… Continue Reading »

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UK manufacturing activity growing at fastest rate 'for a generation'

Figures from the manufacturing sector for June suggest the recovery is broadening out and bedding-in, pushing sterling to six-year high against the dollar.

Britain’s manufacturing sector enjo… Continue Reading »

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Ed Miliband to hand business rates revenues to local authorities

Unveiling Lord Adonis' report, the Labour leader is expected to commit to the "key recommendation" of handing £30bn of funding to cities and counties to boost local economies

Revenue from bus… Continue Reading »

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