According to a recent survey from the Bank of England (BoE), mortgage demand falls from a measure of -35.3 in the third quarter to -34.8 in the last quarter....
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20th Apr 2024 | Updated at 10:10am 20th 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.
Following the footsteps of JD Sports executive chair Peter Cowgill, SSA Investments, the family office of B&M CEO Simon Arora, sold 40 million shares overnight at a price of 585p. Earlier, Sports executive chair Peter Cowgill surprised the market...
Some companies in UK are now planning to launch a four-day working week, leading to questions of how they work and what their main benefits are. Arguments have raged for years over how long the working week should be, with some believing that...
UK families have suffered the sharpest fall in the amount of cash available with them to spend for almost eight years due to high inflation and rising energy bills. The index, which measures households’ overall perceptions of financial wellbeing,...
The Bank of England policymaker Michael Saunders has said he wanted more information about the impact of the new Coronavirus variant - Omicron, before deciding how to vote this month. He said it might slow the British economy, however, it could...
Chancellor Rishi Sunak is preparing to cut income tax by 2 pence to the pound or slash rates of Value Added Tax (VAT) before the next election, says a...
A prominent survey reveals high export sales have helped the UK services sector record another strong month of recovery. The IHS Markit/CIPS Purchasing Managers’ Index (PMI) for UK services gave the industry reading of 58.5 in November, a modest...
Six more energy firms in UK face closure before Christmas, thereby throwing hundreds of thousands of households on the brink of losing their energy supplier....
A UK think tank has said that all-night city rest centres should provide night-time workers with “dignity” and shelter from bad weather. In a new report, Autonomy called on employers to collaborate with local authorities to fund safe spaces...
Britain’s Financial Conduct Authority has said that the business model used by collapsed supply chain financing firm Greensill Capital is causing a “high...
