The latest tax, employment, business and economic news affecting firms and individuals alike. Updated each day.

Brexit cross-border tax complexities cost UK economy £47bn

Administrative costs hurt businesses even more.

Sunak sets out ‘plan for growth’ but falls short of immediate support

Chancellor insists the Government “stands ready to do more”.

UK inflation hits 40-year high of 9%

Macroeconomy now businesses’ number one concern.

Regular pay tumbles in first quarter of 2022

Only growth in bonuses keeps total pay growth positive.

GDP fell by 0.1% in March 2022

Fears of recession as monthly GDP contracts.

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