UK economy faces stagnation until 2025

Multiple challenges contributing to subdued growth.

FSB joins forces with BoE to safeguard SMEs against counterfeit notes

Cash payments set to surge over the Christmas period.

Manufacturing output declines in three months to November

Industry trends survey showed that production fell to -17%.

Self-assessment threshold increased to £150,000

From 2024/25, PAYE income over £150,000 is exempt.

One in four Brits borrow money over Christmas.

Brits set to borrow £14 million this festive season.

Challenges loom for UK retailers

UK inflation shows signs of retreat ahead of Christmas shopping season.

Cryptoassest tax disclosure service launched

Taxpayers must report capital gains from cryptoassets.

HMRC publishes advisory fuel rates December 2023

AFR for some petrol engines and all diesel engines rise.

HMRC removes self-assessment for PAYE high earners

Those with PAYE income over £150,000 exempt from 2024/25.

Pensioners top-up benefit deadline approaches

£300 cost of living payment also also on offer.

Overseas firms pledge to invest billions in the UK

PM hosts summit to showcase foreign investment plans.

Manufacturing output declines

CBI survey identifies a widespread downturn.

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