The Chancellor announced that public spending on R&D tax credits will be increased, reaching £20bn annually by 2024-25

A director of a Middlesbrough telecoms company has been given a suspended sentence after fraudulently taking a £25,000 bounce back loan and then dissolving company the next day

Higher than expected inflation has seen the consumer price index rise by 1% to 11.1% over the last 12 months

The number of company insolvencies increased by 16% from September to 1,948, according to Insolvency Service data 

Wage growth for July to September rose to 5.7%, but continues to lag behind inflation, according to research by the Office for National Statistics (ONS)

The UK government is relying on 'out-of-date' data from 2015 to estimate the cost of fraud, warned the National Audit Office (NAO)

Directors of construction and coaching companies have been banned from running a business for a total of 11 years after fraudulently claiming £73,000 worth of bounce back loans

The value of R&D tax credits relief claimed by UK businesses has fallen for the first time since the scheme began in 2000, down by £275m in a year

The UK clothing and homeware group has said it plans to appoint administrators, putting as many as 1,600 jobs at risk

Adrian Nunn, sole director of Upper Scale Limited, has been disqualified as a director for 11 years after he falsely accounted over £2.3m for six years up to 2017

In this week’s accountancy career moves, partner promotions at KPMG, PwC, Kingsley Napley, director hires at RBK and French Duncan

Three restaurateurs have been banned from running businesses for a total of 26 years after fraudulently claiming £150,000 worth of bounce back loans