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5 Things You Need To Know, Today, on Friday 27th January 2023
5. The number of shops lying vacant on British high streets fell during the final three months of 2022, despite pressure on both firms and consumers from surging costs.
Figures in a report from the British Retail Consortium (BRC) and Local Data Company (LDC) showed the overall vacancy rate improving to 13.8%.
4. Nearly 400,000 self-employed people on low incomes are being penalised for filing their tax returns late when most of them don't owe any tax.
Penalties can build up until people owe thousands of pounds, according to Tax Policy Associates.
3. Soaring growth in the cost of rents in Britain is expected to cool as an increase in the number of homes on the market helped to cool competition between tenants in late 2022.
Rightmove said tenant competition dropped by 6% between October and December compared with the same period in 2021, and was down by a third from September, when the gap between supply of home and demand from tenants reached the highest since records started in 2012.
2. The head of the UK's biggest business group has said most bosses "secretly" want all of their staff to return to working in offices.
Tony Danker, director-general of the CBI, said the "whole world of work" had "gone crazy" since the pandemic.
1. Chancellor Jeremy Hunt will set out his plan to boost growth today, as criticism mounts over the government's plan for the economy.
In his speech in central London, Mr Hunt will outline the opportunities in what he called "the growth sectors which will define this century".