Four in ten experienced scam attempt in the last year
Average loss of funds was £4,715 per person.
Corporate insolvencies down 6% in July
Insolvencies remain higher than pre-pandemic levels.
Inflation falls to 6.8% in July
Flights and hotels keep prices high.
Pay growth ends 18 month wage squeeze
Higher pay may alarm inflation-busting policymakers.
One million more pulled into tax on savings
Over 2.7m will pay tax on cash interest in 2023/24.
Govt. to reform personal insolvency framework
Policy will align framework with ‘the needs of 21st century stakeholders’.
CIOT: remove CIS deductions on landlord payments
Construction tax rules ‘cause problems’ between tenants and landlords.
Economy grows by 0.2% in second quarter
Information and accommodation industries fuel growth.
UK rental market shrinks by 400,000 homes
Estimated 126,500 rental properties sold since 2022.
Importers alter supply chains due to geopolitics
Importers particularly concerned about relations with China.
Interest rates rise again, despite fall in inflation
Bank of England increases rate to 5.25%.
Overpayment of tax on pensions hits £56m
Average tax reclaim form totals £3.5k.