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.

Official figures reveal that the government borrowed £6.6 billion more than anticipated in the past year, raising doubts about Jeremy Hunt's ability to implement significant tax cuts ahead of an expected general election this year.

Concerns are mounting regarding the affordability of motor insurance as average premiums climb to nearly £1,000. MPs have been cautioned that certain families are facing "impossible" decisions, being forced to choose between purchasing car insurance...

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