How will businesses be impacted by inflation staying at the same rate?
The UK’s inflation rate remained at 3.8% for the second consecutive month, keeping costs at a similar level.
Economy
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Rising energy costs hitting families and businesses: Can I plan for further changes?
Energy regulator Ofgem has confirmed energy costs will increase by two per cent. The new cost cap will take affect from October and last for the rest of 2025.
Interest rate cut – What does it mean for your business?
The Bank of England has dropped its base rate again, now sitting at 4.25 per cent.
New interest hike means late tax payments now cost more
As of 6 April 2025, late tax payments are now subject to an 8.5 per cent interest rate, following an HMRC update that ties rates more closely to the Bank…
Is India’s economic growth a signal for UK businesses to expand?
By Rashmi Pandya, Macalvins’ COO With UK-India trade talks picking up steam, there is a lot of buzz around India’s extraordinary economic rise.
How will the new High Income Child Benefit Charge affect you?
Amongst the changes made by the Chancellor in the Spring Budget, there was a modification to the High Income Child Benefit Charge.