Economy
Inflation remains above 10% in March
Wednesday, 19 April 2023, 10:22
Inflation remains above 10% in March
Despite easing slightly, inflation remained above 10% in March thanks to food and drink costs reaching a 45-year high, according…
Prominent Conservatives call for regulatory accountability
Tuesday, 18 April 2023, 10:30
Prominent Conservatives call for regulatory accountability
Members of the Conservative Party, which include former ministers and a previous chair of the CMA, have called for greater…
UK economy flatlines in Feb
Thursday, 13 April 2023, 11:11
UK economy flatlines in Feb
Real gross domestic product (GDP) is estimated to have shown no growth in February 2023, where falls in services and…
UK economy avoids recession amid 0.1% growth
Friday, 31 March 2023, 10:59
UK economy avoids recession amid 0.1% growth
The UK economy narrowly avoided a recession during the fourth quarter (Oct-Dec) as UK GDP increased 0.1%, revised up from…
HMRC wins IR35 case against Eamonn Holmes
Friday, 31 March 2023, 10:33
HMRC wins IR35 case against Eamonn Holmes
HMRC has won an appeal case against Eamonn Holmes over a tax bill from his employment contract with ITV when…
Azets director calls for reversal of OTS abolition
Tuesday, 28 March 2023, 11:09
Azets director calls for reversal of OTS abolition
A leading consultant at Azets has called on the government to reverse its decision to abolish the Office of Tax…
HMRC’s OCW unit opened 25 tax fraud investigations last year
Monday, 27 March 2023, 10:44
HMRC’s OCW unit opened 25 tax fraud investigations last year
HMRC’s Offshore, Corporate and Wealthy (OCW) unit opened criminal investigations into 25 wealthy individuals over suspected serious criminal tax frauds…
HMRC simplifies VAT guidance for overseas sellers
Friday, 24 March 2023, 11:06
HMRC simplifies VAT guidance for overseas sellers
HM Revenue and Customs (HMRC) has published simplified VAT guidance for overseas sellers, with a new translation aimed at Chinese…
BoE raises interest rates to 4.25%
Thursday, 23 March 2023, 12:23
BoE raises interest rates to 4.25%
The Bank of England (BoE) has announced that interest rates will be raised by 0.25% to 4.25%, the highest rate…
Inflation unexpectedly jumps to 10.4% amid rising food prices
Wednesday, 22 March 2023, 10:45
Inflation unexpectedly jumps to 10.4% amid rising food prices
The UK inflation rate unexpectedly increased to 10.4% in February driven by increased drink and food prices which reached their…