Apr 26, 2023 | Current Affairs
New HMRC data shows that the Treasury collected £786.6 billion in taxes in 2022/23 - a 9.9% increase on last year's total of £715.3bn. Receipts from income tax, capital gains tax and National Insurance contributions hit £47bn - accounting for over half (57%) of the...
Apr 19, 2023 | Current Affairs
Company insolvencies in England and Wales rose to 2,457 in March 2023 - a 37.7% increase on February's total. According to HMRC, these figures are greater than levels seen before and during the Covid-19 pandemic. The number of compulsory voluntary liquidations also...
Apr 17, 2023 | Current Affairs
Rural businesses need increased Government support to tackle "unique challenges", according to a new report from the Federation of Small Businesses (FSB). The FSB's latest report shows how small firms in rural areas are struggling with rising business costs, poor...
Apr 14, 2023 | Current Affairs
The UK economy saw no growth in February, following a 0.4% increase in January, according to the latest figures from the Office for National Statistics (ONS). While construction output rose by 2.4% in February due to an increase in repair work, this was largely offset...
Apr 12, 2023 | Current Affairs
Interest rates in major economies are likely to fall to pre-pandemic levels, according to the International Monetary Fund (IMF). The IMF's latest world economic outlook suggests that recent interest rate rises will fall once inflation is under control. However, the...
