King’s Speech lays out new economic measures

In the King's Speech, small businesses and the self-employed were overlooked despite Labour's focus on economic growth. Changes to planning laws and regional devolution, giving more power to local mayors, may indirectly benefit these businesses. However, there are...

Gender pay disparity in UK set to narrow

The Global Payroll Association (GPA) has released new research predicting that the gender pay gap in the UK will shrink to its lowest level of 11.9% by 2025, with men earning 13.5% more on average than women. The GPA's analysis of a decade's worth of data reveals...

UK economy to lead Europe in 2025

The International Monetary Fund (IMF) has forecast that Britain's economic growth will surpass all major European economies next year, rebounding sharply from the 2023 recession. The UK's GDP is expected to grow by 0.7% this year, an upgrade from the previous 0.5%...

Companies House introduces new ID rules

The process of opening a company with Companies House is to get tougher with the publication of the draft ID verification rules. Future business owners will have to meet higher ID verification requirements to reduce the risk of fake companies and rogue directors. The...

UK economy grows faster than expected

The Office for National Statistics (ONS) reported that in May, the UK economy expanded by 0.4%, surpassing expectations and recovering from zero growth in April. This growth was driven by strong performances in the retail and construction sectors. Construction...