UK economy to shrink in 2023: IMF

The International Monetary Fund (IMF) has said that UK economy will shrink and perform worse than other advanced economies as the cost of living continues to hit households.

HMRC clarifies its stand on waiting times on self-assessment helpline

Officials working from home are not to blame for long waiting times on HM Revenue and Custom’s self-assessment helpline, the department has said.

Hectic negotiations are ongoing between the United Kingdom and India for a Free Trade Agreement (FTA), which could be signed by the middle of 2023. A framework to strengthen economic cooperation between the two countries, the FTA comprises 26...

Advocates of Britain’s exit from the European Union presented it as an opportunity to sweep aside unnecessary rules and regulations that were holding back economic growth. Key to this is a plan to replicate the “Big Bang,” the wave of deregulation...

About 1,600 jobs could be at risk with clothing group Joules set to become the latest victim of the tough times hitting the retail sector. The Leicestershire-based company, which has 132 shops, said it intended to appoint administrators after...

The Department for Work and Pensions needs to "get a grip" on record levels of fraud and error in the benefits system and take responsibility for tackling the "eye-watering" sums, the Public Accounts Committee has warned.

House prices in Britain fell for the first time in 28 months in October and rising mortgage costs threatened to put further pressure on the property market, a survey showed. The Royal Institution of Chartered Surveyors (RICS), which measures...



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