News

November 5, 2025

Directors’ Report Requirement to Be Removed

As part of its move to reduce ‘red tape’ and aid business growth, the government has announced plans to remove the requirement for companies to include a directors’ report as part of their annual accounts.

November 3, 2025

ICO Consultation Opens on New Email and Text Marketing Rules for Charities

The Information Commissioner’s Office (ICO) has launched a consultation on how charities can make use of new rules that will allow greater use of electronic marketing in contacting their supporters.

August 13, 2025

Government Unveils Small Business Plan

The government has launched its Small Business Plan which it believes will help small businesses to grow and encourage entrepreneurs to start businesses.

August 11, 2025

New Legal Requirement: Directors and PSCs Must Verify Their Identity from November 2025

From 18 November 2025, identity verification will become a legal requirement for all company directors and people with significant control (PSCs). This is part of a wider reform under the Economic Crime and Corporate Transparency Act 2023, and it’s set to impact millions of individuals connected to UK companies.

August 7, 2025

New Government Reforms Aim to Revive High Streets with Easier Rules for Cafes, Bars and Venues

New government reforms will make it quicker and cheaper for small businesses to turn empty shops into cafes, bars and music venues, as part of a wider push to bring life back to high streets and support small business growth.

August 6, 2025

Man Jailed for Hiding Assets and Breaching Bankruptcy Rules

A businessman has been jailed for more than four years after hiding assets, illegally acting as a company director, and obtaining over £100,000 in credit while still subject to bankruptcy restrictions.

August 4, 2025

UK Economy on the Mend, Says IMF - But Bumps in the Road Remain

The International Monetary Fund (IMF) Executive Board has concluded its 2025 Article IV Consultation assessing that the UK economy is recovering, with modest growth expected this year and stronger momentum building into 2026.

July 31, 2025

Revived Pensions Commission Aims to Secure Better Retirements

The government has announced the revival of the Pensions Commission, twenty years after it helped bring in automatic enrolment. Its goal is to stop future pensioners from being worse off than those retiring today.

July 30, 2025

Government Borrowing Jumps – Are Tax Rises on the Way This Autumn?

UK government borrowing was £20.7 billion for June, according to new figures from the Office for National Statistics (ONS) - an increase of £6.6 billion compared to the same month last year.