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

Government introduces new prompt payment initiative

Late-paying companies could be excluded from public contracts.

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4 in 10 feel inheritance burden

Estate administration takes up to 100 hours, study finds.

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Small business exports increase

Almost 1 in 10 SMEs export goods abroad.

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1 in 3 pension savers ‘not confident’ about retirement

Retirees say financial situation has worsened.

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Skilled migration set to fall further

Staff shortages to worsen after Brexit, report claims.

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