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.

Asia’s shipping stocks and commodities are emerging as safer bets so far, as Russia is a major exporter. A rotation of commodity-heavy Australia and overweight on the energy sector is recommended.

Financial services was not part of the December 2020 EU-UK trade deal, but both sides signed a memorandum of understanding last year, pledging cooperation. But Brussels has paused any progress in the area as a wider dispute over Northern Ireland...



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