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.

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...

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...

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...



to the free, weekly Asian Voice email newsletter