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The latest tax, employment, business and economic news affecting firms and individuals alike. Updated each day.

Childcare most costly aspect of raising children

Raising a child costs parents around £35,000 in the first 5 years of its life, research by Aviva has found.

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Small firms want help reducing energy bills

Saving money on energy bills motivates firms to improve their energy efficiency, according to research by the Federation of Small Businesses.

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Retirees rely on state pension

The state pension will be the only source of income for 15% of people retiring this year, research by Prudential has revealed.

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Micro firms quickest to pay invoices

Micro businesses tend to be the fastest to pay their invoices out of all sizes of business in the UK, according to new research.

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Saving picks up among UK households

More than two thirds of people in the UK have managed to save over the past 12 months, according to research by Lloyds Bank.

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