Weekly Business News - 28 April 2025

This compilation of business news covers several key areas impacting UK businesses. Upcoming tax regulations under Making Tax Digital for Income Tax are highlighted, requiring digital record-keeping for many sole traders and landlords. The importance of cyber security governance at board level is stressed, alongside resources for improving resilience. The articles also explore how rejection can be a catalyst for business growth and the need for business owners to remain actively involved in their core operations, using Elon Musk as an example. Finally, the report touches on the IMF's latest economic forecast, including potential interest rate cuts and growth predictions, as well as the increasing adoption of AI by small businesses for productivity gains.

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