Business news
Interest rates rise despite Budget measures
Economy still strained after the Chancellor’s update.
HMRC late payment interest rises to 6.75%
Late payment rates at highest level since 2008.
Reduced energy bill support puts SMEs at risk
Around 370,000 firms will pay more from April.
BoE raises interest rates to 4.25%
The decision follows an unexpected rise in inflation in February.
Inheritance tax receipts soar to £6.4bn
February’s inheritance tax take totalled £521 million.
Inflation rises to 10.4% in February
Salad and vegetable shortages drive soaring food prices.
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