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Business News

HMRC takes record £14 billion in capital gains tax

Official data has revealed that HMRC took a record £14 billion in capital gains tax (CGT) in the 2020/21 financial year. The data showed that the total amount of CGT…

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11/08/2022
Business News

Prime Minister must act now on cost of living, warns CBI

Prime Minister Boris Johnson must act immediately in order to help his successor manage the cost-of-living crisis, the Confederation of British Industry (CBI) has warned. The CBI says the Prime…

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10/08/2022
Business News

Government launches new fraud squad

The government has launched a new 'fraud squad' to identify fraud committed against the public purse. The new Public Sector Fraud Authority aims to 'modernise the government's counter fraud response'…

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09/08/2022
Business News

Pension anti-scam strategy unveiled as cost-of-living crisis continues

A new scam-fighting plan from The Pensions Regulator (TPR) aims to protect savers as the cost-of-living crisis may leave them potentially more vulnerable to scammers.  TPR is warning that savers…

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08/08/2022
Business News

BoE warns of recession as it raises interest rates again

The Bank of England (BoE) has warned that the UK will go into recession later this year as it raised interest rates for the sixth consecutive time. The largest increase in UK…

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05/08/2022
Business News

HMRC sends Marriage Allowance reminder

HMRC is reminding married couples and people in civil partnerships to sign up for Marriage Allowance for extra cash. The Marriage Allowance allows married couples or people in civil partnerships,…

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04/08/2022
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