UK house prices up 10.6% in the year to August

Average house prices in the UK increased by 10.6% over the year to August, up from 8.5% in the year to July 2021, according to data from the Office for National Statistics (ONS). The average UK house price was £264,000 in August 2021, £25,000 higher than this time...

Price rises dip slightly in September

The Consumer Prices Index including owner occupiers' housing costs (CPIH) fell to 2.9% in the 12 months to September 2021, down from 3%, data from the Office for National Statistics shows. Prices for goods and services from restaurants and hotels contributed to the...

Economy inches towards recovery in August

The economy is back on its path to recovery as GDP is estimated to have grown by 0.4% in August 2021 - the first full month without any coronavirus-related restrictions - data from the Office for National Statistics shows. The positive growth follows a contraction in...

International community strikes global tax deal

The international community finalised a major reform last week on 8 October 2021, ensuring that all multinational enterprises (MNEs) will be subject to a minimum 15% corporate tax rate from 2023. Agreed by 136 countries and jurisdictions representing over 90% of the...