Chancellor urged to cut National Insurance but hike Income Tax in Autumn Budget Budget Board must focus on easing the cost of doing business, says IoD Chancellor to explore reforms to business rates on second premises Covid repayment window opens Companies face prosecution risk as new fraud law comes into force Lowering VAT threshold would be manifesto breach, warns IPSE AI to boost trade by nearly 40% by 2040 if gaps are bridged, says WTO Failed housing transactions cost £1.5 billion a year