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Tax News Updates
August 2026
BBC Main News
Business News
- Iran says it has agreed Strait of Hormuz shipping route with OmanA foreign ministry spokesman did not give details but said an agreement with the Gulf nation was "in the final stages".
- Prioritise new jobs over green targets to win public contracts, firms toldThe changes are part of government efforts to tackle the youth unemployment crisis.
- Trump administration pays back $100bn in 'Liberation Day' tariffs to businesses It represents roughly 60% of all tariff revenue collected under the policy, with billions still to be repaid.
- Vegetables to get smaller and more expensive due to hot weather, farmers warnThis year's harvest could be the worst on record due to the exceptionally dry spring and summer.
- Student loan repayment rates an 'unsustainable burden', chancellor toldMore than 120 MPs and peers have asked John Healey to carry out an "urgent review" of repayments.
- How tech is helping in the battle against wildfiresTech is being used to watch for wildfires but firefighters are still needed to put them out.
