The number of companies going bankrupt this year is on track to be the highest since the depths of the financial crisis in 2009, according to the latest figures from the Insolvency Service. Insolvencies rose
Following the Financial Conduct Authority’s (FCA’s) decision not to expand the eligibility threshold for the Financial Ombudsman Service (FOS) beyond businesses with a turnover of £6.5 million, the Federation of Small Businesses (FSB) has warned
The Institute of Directors (IoD) has found that a ‘large majority’ of UK business leaders plan to offer employees hybrid or remote working in the long-term. A survey carried out by the IoD found that
Data published by the Office for National Statistics (ONS) has revealed that the UK economy grew by 0.2% in August. According to the ONS, the main contributor to the growth was the services sector. Computer
The UK is on course to see its biggest tax rise in at least 50 years as a result of the freeze on personal thresholds and soaring inflation, according to analysis from The Resolution Foundation.
An error in payroll software used by HMRC has caused thousands of individuals to overpay on their student loans. The error saw £1.6 million taken from 16,000 workers between 2016 and 2023, totalling around £104
Data published by the Office for National Statistics (ONS) has revealed that the UK economy grew at a faster rate since the beginning of the Covid-19 pandemic than experts had anticipated. Revised ONS data shows
UK interest rates have been left unchanged at 5.25% by the Bank of England’s Monetary Policy Committee (MPC). The MPC had previously raised interest rates 14 times in a row to tame inflation, leading to
The government has been slow to recover losses of £1.1 billion from fraud and error in Covid grant schemes, according to MPs in the Public Accounts Committee (PAC). The latest PAC report found after spending
The Federation of Small Businesses (FSB) has released a Christmas wish list for UK tourism, hospitality and retail in the run up to the festive season. The FSB says its Tinsel List will bring a
More than a third of English households will see higher energy bills this winter than they did last winter, according to research published by the Resolution Foundation. Almost half of those hit by the higher
Parents have until 31 August to inform HMRC that their 16-year-old is continuing their education or training in order to continue receiving Child Benefit. Teenagers are set to find out their GCSE results on 24
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