May 16, 2024 | Current Affairs
The Treasury has allocated an additional £51m to improve HMRC's helpline service, aiming to boost the current 66.6% call response rate to 85%. Financial Secretary Nigel Huddleston announced the funding in a parliamentary statement, highlighting the urgent need for...
May 15, 2024 | Current Affairs
HMRC has been heavily criticised following a report by the National Audit Office (NAO) that revealed taxpayers spent million hours on hold in 2023/24, equating to 798 years. This figure has more than doubled from 3.2m hours in 2019/20. During this period, HMRC...
May 14, 2024 | Current Affairs
Both permanent and temporary job placements continue to experience slight declines across all sectors, marking the 19th consecutive month of such trends. In the accounting sector, the number of permanent and temporary positions notably decreased compared to April...
May 13, 2024 | Current Affairs
The Bank of England (BoE) chose to maintain interest rates at 5.25% for the sixth consecutive time last Thursday, despite inflation remaining above its 2% target at 3.2%. Alongside the interest rate decision, the BoE released its latest economic and inflation...
May 10, 2024 | Current Affairs
The UK's economy has outperformed expectations with a 0.6% growth in GDP between January and March, according to the Office for National Statistics (ONS). This performance, surpassing the anticipated 0.4% increase, marks a turnaround from previous contractions and...
