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.

The number of first-time home buyers reportedly hit a 20-year peak in 2021. But how, one might bewondering, are people managing to buy when house prices continue to hit record highs? In a survey of 2,002 adults carried out in March 2022, it...

Bank of England policymakers have admitted that inflation is likely to be “several percentage points” higher than the 7.25 per cent it had previously forecast. Price growth is already on course to hit eight per cent by June and could top 10...

Ahead of next week's spring statement, Rishi Sunak said that he would 'stand by' people, but warned sanctions against Russia were not 'cost-free.' He is facing calls from some Tory MPs to cut fuel duty to help ease rising costs at the pumps.

More than 50 charities have warned that the consequences of driving through a below-inflation benefit pay rise in April will be “unthinkable” for households already struggling to cover soaring food and energy costs and a rise in national insurance.

The property website said that the average price of a house hit £354,564 in March, up 1.7% or £5,760 compared with February. It was the biggest monthly rise in 18 years, and pushed the annual rate of growth in asking prices to 10.4%.

Thousands of post offices are either being sold or axed under secret plans to streamline the scandal-hit business, campaigners believe. It is being claimed that authorities want to offload up to 6,000 loss-making branches and turn the Post Office...

Crypto asset firms are required to be registered with the FCA and comply with the UK Money Laundering Regulations (MLRs) if they want to operate crypto...



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