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.

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,...

Virgin Atlantic has reported a 600% surge in flight bookings to the US and British Airways reported a jump in searches after the US said it would lift restrictions to allow fully vaccinated passengers from the UK and most European Union countries...

The UK consumer prices index surged by 3.2 per cent in the 12 months to August as revealed by official data last week, the largest ever month-on-month increase since records began in January 1997. The Office for National Statistics, which published...



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