Retirees set for bumper state pension rise
Official forecasts for average wage growth look good for retirees.
Treasury seeks feedback on business rates revaluations
Changes ahead of a comprehensive report due in autumn.
Simplified tax reporting for self-employed announced
A fifth of self-employed people will face extra one-off costs.
Smart technology in UK energy to cut bills and create jobs
As many as 24,000 jobs could be created.
Proposals to drive trade with developing nations
Cutting red tape in international trade is a priority.
Lords report warns of BoE’s ‘addiction’ to QE
The programme financed the majority of COVID-19 support.
National Food Strategy calls for £3bn salt and sugar tax
It could cost households up to £172 a year.
Inflation rate sees fourth month of consecutive growth
Rising prices coincides with unlocking of UK economy.
Bank of England warns of insolvency crisis among SMEs
Insolvency timings will coincide with end to Government support.
14.5 million jobs supported since pandemic onset
Critics argue millions have been “excluded” from support.
UK GDP grows by 0.8% in May 2021
Growth was primarily driven by the service sector.
Thousands of savers caught out by pension tax traps
Breaches of two pension allowances cost savers £817 million in 2018/19.