Economy
HMRC raises £2.9bn in IHT from April to August 2022
Wednesday, 21 September 2022, 10:04
HMRC raises £2.9bn in IHT from April to August 2022
HMRC raised £2.9bn in inheritance tax receipts between April and the end of August 2022, which is a £300m increase…
Business energy bills to be capped under new gov scheme
Wednesday, 21 September 2022, 9:55
Business energy bills to be capped under new gov scheme
The government has unveiled a new plan that is set to cap wholesale energy bills for businesses for an initial…
Economic recovery slows in July
Monday, 12 September 2022, 11:01
Economic recovery slows in July
The UK economy’s growth slowed in July to 0.2%, according to the latest figures from the Office for National Statistics…
BoE delays interest rates decision
Monday, 12 September 2022, 10:11
BoE delays interest rates decision
The Bank of England (BoE) has delayed its interest rates decision for one week, following the death of Queen Elizabeth…
Energy bills to be capped at £2,500 a year from October
Thursday, 8 September 2022, 12:55
Energy bills to be capped at £2,500 a year from October
Prime minister Liz Truss has announced today that energy bills for typical households will be capped at £2,500 annually for…
Kwasi Kwarteng named as new chancellor
Thursday, 8 September 2022, 11:04
Kwasi Kwarteng named as new chancellor
Kwasi Kwarteng has been appointed chancellor of the Exchequer by Liz Truss, following her appointment as prime minister on 5…
Risk of recession rises amid weakened output
Tuesday, 6 September 2022, 11:11
Risk of recession rises amid weakened output
S&P Global has warned that incoming prime minister Liz Truss is inheriting an economy that faces a heightened risk of…
New HMRC Edinburgh Regional Centre opens
Tuesday, 6 September 2022, 10:09
New HMRC Edinburgh Regional Centre opens
HM Revenue and Customs’ (HMRC) Edinburgh Regional Centre and UK Government hub has recently been opened by secretary of state…
Pound nears record low amid ongoing energy crisis
Monday, 5 September 2022, 11:02
Pound nears record low amid ongoing energy crisis
The pound has almost reached historic lows as Europe continues to be rocked by an ongoing energy crisis and the…
Energy price cap to rise by 80% to £3,549 from October
Friday, 26 August 2022, 12:06
Energy price cap to rise by 80% to £3,549 from October
Ofgem has confirmed that the energy price cap will increase by 80% to a record £3,549 a year for dual…