UK company finance directors are bracing for a recession and a doubling of interest rates in their most pessimistic outlook since 2008, according to a survey conducted by Deloitte. The consulting firm’s quarterly survey of executives at leading...
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.
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.
UK company finance directors are bracing for a recession and a doubling of interest rates in their most pessimistic outlook since 2008, according to a survey conducted by Deloitte. The consulting firm’s quarterly survey of executives at leading...
HM Revenue and Customs has produced a revised estimate for fraud and error in its coronavirus support schemes that indicates the total will be between £3.2 bn and £6.4 bn – with the “most likely” figure being £4.5 bn. The figures, contained...
Metro Bank, Lloyds and NatWest are among six high street banks that have broken rules about the way they provide information to customers prompting action from the Competition and Markets Authority (CMA).
Britain’s Office for National Statistics (ONS) has said that the UK's annual consumer price inflation rose in June to 9.4%, the highest since February 1982, up from May’s 9.1% and above the 9.3% consensus in a poll of economists.
We are in interesting times. Currently we are in a high inflationary environment, with relatively low interest rates. One way to look at interest rates is to say the rates have gone up 500% within a 2-year period. Another way is historically...
A research by the School of Marketing found that the Cardiff area in UK is the best place to start a business. The year 2021 saw 72.14% higher business openings than closures, with 3,460 new businesses in the region compared to 2,010 shutting...
The UK economy grew by 0.5% during the month, the Office for National Statistics (ONS) said, higher than the flat growth most economists expected. Every area of the economy expanded including construction, travel and manufacturing.
The British Chambers of Commerce urged the UK government to overhaul the post-Brexit list of occupational shortages, after warning that many companies were struggling to recruit workers.
Less than a decade ago, London’s Heathrow was the undisputed hub airport for Europe, with thousands of daily passengers and an ambitious expansion plan that included a brand new runway. Terminal 5 was still a novelty - the UK’s largest free-standing...
Online retail giant Amazon has said it plans to create more than 4,000 jobs in the UK this year. The jobs will be permanent and bring the company's total...