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.

In an interview with LinkedIn news, Chancellor Rishi Sunak said it was “really beneficial” being in an office at the beginning of his career. Talking about helpful relations he made working in offices at the start of his career as the British...

Multiple households stand to lose their energy supplier this winter as small companies witness record highs on the UK gas market, and a looming deadline to hand over renewable energy subsidies at the end of the month. Equity analyst at Investec,...

A Bank of England policymaker has warned that the British economy is not out of the woods yet and the damage caused by the ongoing pandemic has only been partially repaired. Jan Vlieghe said Threadneedle Street should be cautious about raising...

The Weston family, the owners of Selfridges, announced that it launched a formal auction to sell the historic department store. It is understood that advisers at Credit Suisse will start looking for a buyer, with the company valued at as much...



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