Business news

The Bank of England’s decision to reduce interest rates to 1.5 per cent means that the official cost of borrowing is now at its lowest in its 315-year history.

Companies that are late in submitting their annual accounts to Companies House will have to pay more in penalties.

The government has announced funding for an extra 35,000 apprenticeships.

Raising the threshold at which people pay income tax could be one way of stimulating the economy, according to a senior MP.

Taxpayers have been warned to be on their guard against a phishing scam that offers the promise of a tax rebate.