HMRC has urged all VAT registered businesses to use Making Tax Digital for VAT (MTD for VAT) compatible software to keep VAT records digitally and file VAT returns. From 15…
A report published by the Business, Energy and Industrial Strategy (BEIS) Committee has warned that the UK's shrinking workforce is restricting economic growth. The report suggested that labour shortages are…
The Trades Union Congress (TUC) has stated that UK employees must be protected from workplace decisions made by artificial intelligence (AI) systems. The TUC warned that, in some instances, AI…
£177.6 million was lost to impersonation scams in 2022, data published by trade association UK Finance has revealed. The data showed that there were 45,367 cases of impersonation scams in…
UK inflation has dropped, but remains in double-digit levels, as the cost-of-living crisis eased slightly last month. The annual consumer prices index dropped to 10.1% in March, down from 10.4%…
Chancellor Jeremy Hunt has stated that the UK economy is 'back on track', and that his economic growth strategy was welcomed by the International Monetary Fund (IMF). At a recent…