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Calls for Tougher Prompt Payment Code

The collapse of Carillion has led the Federation of Small Businesses (FSB) to call into question the effectiveness of the Prompt Payment Code (PPC) and raise the need for urgent reform to successfully tackle the UK’s late payment epidemic. 

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City Living Becomes Less Affordable

City living is becoming increasingly unaffordable across the UK, according to new research by Lloyds Bank. 

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Chancellor Requests Inheritance Tax Review

The Chancellor of the Exchequer, Philip Hammond, has apparently written to the Office of Tax Simplification (OTS) to request that it carry out a review of Inheritance Tax (IHT) in the UK. 

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Millennials to Receive Inheritance Boom

A new report from the Resolution Foundation has revealed millennials are in line to receive the largest and most wide-reaching ‘inheritance boom’ of any post-war generation. However, this won’t come in time to solve their home ownership and wealth inequality woes. 

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Fewer Businesses Report Signs of Distress

New research by insolvency and restructuring trade body R3 has revealed a fall in the number of so-called ‘zombie’ businesses in the UK, and also in the number of companies reporting signs of distress. 

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