2022 Spring Statement – the business reaction

Soaring wage and energy costs force three quarters of UK businesses to raise prices

Consumer group urges taxpayers to avoid using refund firms to claim tax rebates

Government launches consultation on global minimum tax for multinationals

Gender pay gap has seen ‘barely any change’ over past 25 years, IFS finds

Costs ‘weighing on businesses’ sustainability intentions’, FSB finds

IFS predicts millions to be worse off next year due to tax rises

Treasury received five million malicious emails over past three years, research finds

'Bank of mum and dad’ financing half of first-time purchases, research finds

Manufacturing activity remains firm, but supply pressures mount, says CBI

Small firms losing £25 billion annually to tax admin

Inflation sees sharpest increase on record

OTS says changing date of tax year end would be beneficial

Drop proposed basis period reform, urges ICAEW

FSB suggests business rates system ‘disincentivises investment’

UK recovery slows as staff shortages take their toll

Two-fifths of freelancers lost over 40% of turnover during pandemic

ICAEW urges HMRC to scrap VAT exemptions

CBI survey reveals bumper growth in private sector activity

Number of freelancers increases for first time since onset of pandemic