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.

Bakery chain Greggs has warned that higher business rates risk making some of its stores unviable. The statement comes at a time when the ministers consider overhauling the tax. Chief executive, Roger Whiteside said it was “coming to London...

With the government furlough scheme coming to a close by the end of this week, there lies a lot of uncertainty among as many as 1.6 million people who remain signed up to the support programme. Also known as the job retention scheme, it is a...

A clean energy investment fund run by former US vice-president Al Gore has bought a 13% stake in British energy company Octopus in a deal worth £438m. It means the supplier is now valued at £3.36bn, which is more than the owner of British Gas,...



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