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.

A survey showed that optimism in Britain’s financial services sector rose in the last quarter to snap a four-year decline, with business volumes also predicted to grow in coming weeks

The official figures showed that Britain’s economy grew at its weakest annual pace in more than seven years in November, raising expectations that the Bank of England will cut interest rates later this month

Indian conglomerate owned Jaguar Land Rover (JLR) has acquired Bowler, the UK-based manufacturer of all-terrain performance cars, parts and rally raid vehicles. The Bowler business now fully-owned by Tata Motors will continue to operate from...



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