Insurer warns of rise in fraudulent claims amid cost-of-living crisis

Insurer Zurich UK has stated that there has been a significant increase in the number of fraudulent claims as a result of the cost-of-living crisis.

Zurich found that between 1 January and…

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TUC urges government to raise NMW

The Trades Union Congress (TUC) has called on the government to increase the National Minimum Wage (NMW) rates 'immediately' in order to guarantee decent living standards for families.

Research…

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Government caps business energy bills

Wholesale energy prices for businesses will be capped at 'less than half' of the anticipated winter levels under the government's support package.

The Energy Bill Relief Scheme offers discounts…

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New PM must restore confidence, say business groups

The UK's new Prime Minister Rishi Sunak must restore confidence in the country's economy, say business groups.

Mr Sunak will have to deal with a range of issues stemming from inflation and…

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Brexit deal not delivering for businesses

Over half of UK companies currently face difficulties in adapting to the new rules for trading goods with the EU, according to a British Chambers of Commerce (BCC) survey.

The survey also…

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Government launches consultation on R&D relief

The government has launched a consultation on simplifying the UK's research and development (R&D) tax relief system, driving innovation and growing the economy.

The consultation runs to 13…

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Spring Budget must ease cost pressures on businesses, says BCC

The British Chambers of Commerce (BCC) has urged Chancellor Jeremy Hunt to use the upcoming Spring Budget to help ease cost pressures on small businesses.

Research carried out by the BCC revealed…

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£177.6 million lost to impersonation scams in 2022

£177.6 million was lost to impersonation scams in 2022, data published by trade association UK Finance has revealed.

The data showed that there were 45,367 cases of impersonation scams in…

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One in five workers will be higher rate taxpayers by 2027, says IFS

The number of people paying income tax at 40% or above will reach 7.8 million by 2027/28, according to research published by the Institute for Fiscal Studies (IFS).

This represents one in…

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