Latest News & Events
Businesses urge government to make ‘urgent progress’ during upcoming Brexit talks September 20, 2017
More than 100 UK businesses have signed a letter to the Brexit Secretary, David Davis, urging him to ensure that ‘urgent progress’ is made in the next round of Brexit talks. The letter calls for Mr Davis to make sure that transitional arrangements are secured. Signatories of the letter represent ‘businesses of all sizes, sectors
Read the full article…
New £10 note enters circulation September 20, 2017
The new polymer £10 note has entered circulation in England and Wales. The note has been issued by the Bank of England (BoE) and depicts author Jane Austen on the back. It also includes ‘tactile’ features for the blind and partially-sighted – the first British banknote to do so. New £10 notes will enter circulation
Read the full article…
TUC calls for National Minimum Wage rates increases for younger workers September 20, 2017
The Trades Union Congress (TUC) has urged the Low Pay Commission (LPC) to raise the National Minimum Wage (NMW) rates for younger workers. Young employees are ‘at risk of being left behind’ by the NMW, the TUC warned as it gave evidence to the LPC. Currently, workers aged between 21 and 24 are entitled to
Read the full article…
Allow older individuals to fund business start-ups from pension pots, urges IoD September 13, 2017
The Institute of Directors (IoD) has urged the government to permit older individuals to withdraw money from their pension pots in order to fund a new business. The business group is calling on the government to allow older people to make limited, tax-free withdrawals from their personal pension pots to finance start-ups. Such withdrawals would
Read the full article…
Government publishes Finance Bill 2017-19 September 13, 2017
The government published Finance Bill 2017-19 on 8 September, reintroducing key legislative measures that were previously dropped from Finance Bill 2017 as a result of the snap General Election. The reduction in the pensions money purchase annual allowance (MPAA) was included in the Bill, which has fallen from £10,000 to £4,000. This measure will be
Read the full article…
