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.

Struggling lender Metro Bank is readying a £500 million deal to offload a mortgage portfolio back to US hedge fund Cerberus Capital Management in its latest attempt to strengthen its finances after an accounting error hammered its shares



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