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.

The UK's financial services sector must do more to “break the ‘class’ ceiling,” according to a government-backed task force, with new targets calling for at least half of senior leaders to come from working-class or lower socio-economic backgrounds...

The United Kingdom (UK) and Singapore held the 7th UK-Singapore Financial Dialogue in Singapore. Both countries renewed their commitment to deepening the UK-Singapore Financial Partnership that was agreed in 2021, discussed mutual priorities...

Hectic negotiations are ongoing between the United Kingdom and India for a Free Trade Agreement (FTA), which could be signed by the middle of 2023. A framework to strengthen economic cooperation between the two countries, the FTA comprises 26...

Advocates of Britain’s exit from the European Union presented it as an opportunity to sweep aside unnecessary rules and regulations that were holding back economic growth. Key to this is a plan to replicate the “Big Bang,” the wave of deregulation...



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