Good news on UK Exports – Financial services hit record surplus.
It is reported by CityUK that the UK financial services sector achieved a record trade surplus of £95bn in 2024. This was a 15% increase from 2023. The good news is that this positions the UK as the world’s largest net exporter of financial services, surpassing the US and other leading nations. If one includes…
Interest in UK investment remains strong.
The UK has maintained its position as the second most attractive destination for international investment. This is according to PwC’s latest survey. Germany and India share this ranking, each with 13% of chief executives preferring these countries. The US remains the top choice at 35%. Despite 25% of UK CEOs predicting a downturn, the UK…
Vehicle Tax change forces firms to rethink vans.
The Times reports that businesses are reconsidering their vehicle choices. This is due to new tax rules introduced by Chancellor Rachel Reeves. The problem is that the changes classify double-cab pick-up trucks as cars for tax purposes. This potentially doubles the tax bill for employees. Simon Down from Deloitte said: “Taking these vehicles under the…
Freephone:01327 349 779
e-mail : enquiries@bufinserv.co.uk
