Bank of England raises interest rates to 1.75%
Increase sees the highest jump in 27 years.
UK inflation hits 10.1%
Inflation reaches double digits for first time since 1982.
Wages fall at record rate
Pay decreased during rising costs of bills.
HMRC late payment interest rises this month
The decision follows Bank of England’s base rate increase.
Economy shrinks between April and June
ONS says GDP fell as predicted by 0.1%
BBRS urges SMEs to register banking disputes
The service is reminding businesses there are six months left.
Number of non-dom taxpayers drops, says HMRC
Tax contributions still surpassed £7 billion.
HMRC late payment rates to be revised
Changes will reflect the rise in interest rates
Charity powers expanding this autumn
Changes in financial governance taking place over the next year.
Interest rates rise to 1.75%
UK forecast to fall into recession this year.
SME growth drops by 20%
Cost of living crisis makes it harder for SMEs to grow.
Govt. announces £400 energy bill grant
Grants to be split across six separate payments.