In August 2021 the number of available jobs in the UK exceeded one million, the highest figure on record. Termed by many as ‘The Great Resignation’, the employment environment is changing, with resignations close to all-time highs. Workers seem...
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25th Apr 2024 | Updated at 12:30am 25th Apr 2024
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.
Insolvencies fell sharply during the coronavirus pandemic, when 1.7 million businesses were propped up by 80 billion pounds ($99.9 billion) in government-backed loans and there was a ban on many court proceedings to force businesses into liquidation.
The Bank of England has been rolling out new requirements on so-called operational resilience which required banks to spell out by the end of last month...
Prime Minister Boris Johnson is considering a plan to offer rented houses to 2.5 million tenants at discounted prices through the Right to Buy scheme similar...
Prime Minister Boris Johnson during his first visit to India announced a deal worth £1 billion that will create as many as 11,000 jobs for Indians across...
A total number 232 businesses representing every part of the country and a range of sectors have been recognised by Her Majesty The Queen on her birthday as among the best in UK. Awards have been won in the categories of International Trade...
The British Pound finished last week sharply lower against the US dollar, pressured by weak UK economic data, soaring US bond yields and some risk-off sentiment. During New York afternoon market hours, GBP/USD was down 1.44% to 1.2840 on the...
According to the International Monetary Fund forecast, Britain’s economy will slow in 2022 and face weaker economic growth and more persistent inflation than any other major rich nation in 2023. The IMF said its downgrades for 2022 and 2023...
According to the survey, record number of UK business leaders expect operating costs to soar this year as inflation proves more sticky than thought. The latest quarterly survey of chief finance officers at leading British companies found that...
The energy regulator has said it has seen "troubling signs" that suppliers may have been increasing direct debit payments by "more than is necessary". Ofgem said it was concerned that firms may be directing customers to energy deals that aren't...
