The latest tax, employment, business and economic news affecting firms and individuals alike. Updated each day.

National Food Strategy calls for £3bn salt and sugar tax

It could cost households up to £172 a year.

Inflation rate sees fourth month of consecutive growth

Rising prices coincides with unlocking of UK economy.

Bank of England warns of insolvency crisis among SMEs

Insolvency timings will coincide with end to Government support.

14.5 million jobs supported since pandemic onset

Critics argue millions have been “excluded” from support.

UK GDP grows by 0.8% in May 2021

Growth was primarily driven by the service sector.

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