Business news
HMRC collects £27.9bn less tax
Tax revenues fall by 4.4% to £608.8bn.
Bank of England resists pressure to raise interest rates
Interest rates maintained at 0.1%.
37% of businesses report higher prices
Prices increase faster than usual in October 2021.
New ‘cladding tax’ to start in 2022/23
Revenues to support removal of unsafe cladding.
3 in 5 pension schemes fail to consider climate change
Investors are at risk of lower returns.
Shipping firms that fly red ensign flag to get tax breaks
Other reforms to simplify the tax regime.
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