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Business News

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Business News

NAO reveals Digital Services Tax has raised £358 million

Data published by the National Audit Office (NAO) has revealed that the UK's Digital Services Tax (DST) raised £358 million from large digital businesses in the 2020/21 tax year. The…

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24/11/2022
Business News

OECD warns UK on course for biggest economic downturn

In a new report, the Organisation for Economic Co-operation and Development (OECD) has warned that the UK economy is on track for the biggest downturn when compared to any other…

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23/11/2022
Business News

Think tank suggests UK workers are ‘living through a two-decade wage stagnation’

In its analysis of the recent Autumn Statement, think tank the Resolution Foundation suggested that workers in the UK are currently living through a two-decade long wage stagnation costing them…

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22/11/2022
Business News

UK in a ‘new era of higher taxation’, IFS warns

The Institute for Fiscal Studies (IFS) has stated that the UK has entered 'a new era of higher taxation and higher spending' following the 2022 Autumn Statement. The think tank…

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21/11/2022
Business News

CBI praises Chancellor for ‘delivering stability’ in Autumn Statement

Responding to the 2022 Autumn Statement, the Confederation of British Industry (CBI) praised Chancellor Jeremy Hunt for 'delivering stability and protecting the most vulnerable'. The business group welcomed the freeze…

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18/11/2022
Business News

2022 Autumn Statement – what to expect

Chancellor Jeremy Hunt will present the 2022 Autumn Statement today. We will keep you up to date on the key Autumn Statement announcements. Media reports suggest that the Chancellor is…

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17/11/2022
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