Landlords take cover ahead of election

Residential landlords fear the buy-to-let sector could become a political hot potato in the run-up to the general election on 12 December 2019. The buy-to-let sector experienced a post-recession boom, but its growth has been impeded by a raft of tax measures...

UK avoids slipping into 2019 recession

The UK economy has narrowly avoided slipping into recession in 2019, according to the latest quarterly GDP figures. The Office for National Statistics (ONS) claimed the economy grew by 0.3% in Q3 2019, following a 0.2% contraction at the end of Q2 2019. Two...

Commission calls for calm over planned NLW hikes

Employers that were braced to absorb substantial changes to the national living wage (NLW) in Budget 2019 have been handed a stay of execution. The Low Pay Commission has held fire on recommending future NLW rates beyond 2020/21 and urged caution over the Treasury...

Election prompts mixed responses from business groups

Parliament's decision to push for a General Election on 12 December 2019 has prompted a mixed reaction from business groups. MPs overwhelmingly backed Prime Minister Boris Johnson's call to hold an election by 438-20, with the bill set to be fast-tracked through the...

Businesses gripped by Brexit inertia

More UK firms plan to downscale business investment in the event of a no-deal Brexit, the British Chambers of Commerce (BCC) has claimed. The BCC polled 1,590 businesses of all sizes and sectors and found that 24% would revise investment plans down, while only 4%...