Syndicate content

Current Affairs

Economy inches towards recovery in August

Economy grows by 0.4% in August after -0.1% slump in July.

IFS: Chancellor may lower spending plans in the Autumn Budget

Spending may be cut to achieve the Chancellor's budget surplus.

International community strikes global tax deal

Countries worldwide agree to minimum corporation tax rate of 15%.

HMRC ‘cannot tell’ number of MPAA breaches

Pensions firm calls for better data on £4,000 limit.

Treasury considers recovery loan scheme extension

The renewed scheme could become less generous to firms.

Furlough scheme ends after 18 months

Around 1m people were still furloughed.

Borrowing between April and August less than expected

Monthly borrowing remains above pre-pandemic levels.

Average UK house price growth slows to 8%

Growth slows as SDLT holiday tapers off.

Inflation rises in August to 3.2%

End to pandemic-related subsidisation pushes up food prices.

Economic recovery stalls in July

GDP grows by 0.1% in July 2021.