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October News Roundup

September has been a busy month for business and the economy, with headlines that could shape the months ahead. The government has launched a new “Budget board” to steer economic policy and rebuild confidence with business leaders, as speculation grows about what the next Budget will bring.

On the high street, retail sales enjoyed a lift from warm weather and lower interest rates, but questions remain over whether this momentum can last through the all-important Christmas trading season. At the same time, many businesses are feeling the pinch of higher national insurance contributions, leading to the fastest pace of job cuts in four years.

We also explore HMRC’s increasing focus on R&D tax claims, with far more businesses now facing enquiries and tougher rules to follow. This month’s round-up brings you the key updates you need to know to stay ahead and make sense of the bigger picture.