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.

New research reveals how important small and medium enterprises are for the British economy, as businesses that employ upto 249 employees contribute more than £2 trillion in turnover and employ 44% of the British workforce.

About 1,900 workers of UK's largest container port are on strike demanding pay revision. The workers under the banner Unite said crane drivers, machine operators and stevedores are taking part in the first strike to disrupt the port in 31 years,...

Middle-class families whose properties have increased in value are now paying inheritance tax (PA). Inheritance tax is “no longer just for the rich”, experts have warned, as increasing numbers of Britons face six-figure bills.

The confidence of UK consumer about future has hit a record low in August due to the soaring cost-of-living and bleak economic prospects. A "sense of exasperation" about the economy was the biggest driver behind the fall, according to GfK's...



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