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'Economic squeeze takes centre stage for directors'

'Economic squeeze takes centre stage for directors'
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Official figures shows a record number of businesses are collapsing

Official figures shows a record number of businesses are collapsing
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Businesses buoyed by permanent UK tax break | David Sapsted

British business leaders were unanimous in their praise for the government on Wednesday after Chancellor of the Exchequer Jeremy Hunt announced that a tax break for businesses investing in machinery, IT and equipment would be made permanent.

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Record number of businesses close across the UK, but Northern Ireland records lowest rate, Official of National Statistics reports

ONS data shows 345,000 firms across the UK shut their doors in 2022, up 5% on the previous year and the highest figure since records began in 2002.

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Record number of businesses close across the UK – ONS

ONS data shows 345,000 firms across the UK shut their doors in 2022, up 5 on the previous year and the highest figure since records began in 2002.

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