News Latest News for Business Click on a headline to read the full story. 06 Feb 2023Energy bill support for firms to be reduced from AprilBusinesses will receive reduced support for their energy bills from April. 06 Feb 2023Bank of England raises interest rates to highest level in 14 yearsThe Bank of England (BoE) has raised the base rate of interest. 06 Feb 2023Government launches consultation on R&D reliefThe government has launched a consultation on simplifying the UK's research and development (R&D) tax relief system, driving innovation and growing the economy. 06 Feb 2023Fewer firms investing in training despite skills shortageFewer firms are increasing their investment in training and development despite a skills shortage, according to a survey by the Confederation of British Industry (CBI). 06 Feb 2023UK business confidence plummets to 13 year lowThe UK's business confidence has dropped to a 13 year low, according to a survey conducted by the Institute of Chartered Accountants in England and Wales (ICAEW). 06 Feb 2023Small firms 'facing challenges when applying for financing'Many small firms in the UK face challenges when it comes to finding and applying for funding, according to a report published by the Federation of Small Businesses (FSB). 06 Feb 2023BCC warns SME exporters 'under tightening pressure'The British Chambers of Commerce (BCC) has warned that small and medium-sized enterprises (SMEs) that export are facing 'tightening pressure' as a result of decreasing export sales. 06 Feb 2023Pensioners outnumber young people for filing self assessment tax returnsHMRC has revealed that more pensioners filed a tax return for the 2020/21 tax year compared to young people. Archive NewsClick here to access our full archive