BoE forecasts slow growth for 2019

The Bank of England has downgraded its growth forecast, predicting the most sluggish year in the UK economy since 2009. It expects GDP growth of 1.2% in 2019 - down from the forecast of 1.7% made in November 2018 - citing the impact of Brexit uncertainty and a slowing...

Pension changes ‘must benefit smaller firms’

Small businesses could benefit from increased access to investment, under proposed changes to pension schemes. The Government has set out plans to encourage defined contribution pension schemes to consider a wider range of investments, including small businesses....

First-time buyers struggle with mortgage jargon

The process of buying a first home is being made more difficult for many prospective buyers, who struggle to understand the terminology surrounding housing and mortgages. Aldermore polled 1,501 people looking to buy a first home, and found that 52% of prospective...

Businesses ‘not ready’ for MTD deadline

With less than two months to go before the deadline for Making Tax Digital (MTD) for VAT, many businesses are still not prepared, according to a report by software provider Advanced. The first businesses that are VAT-registered and have an annual taxable turnover of...

Businesses ‘not ready’ for MTD deadline

With less than two months to go before the deadline for Making Tax Digital (MTD) for VAT, many businesses are still not prepared, according to a report by software provider Advanced. The first businesses that are VAT-registered and have an annual taxable turnover of...