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The latest tax, employment, business and economic news affecting firms and individuals alike. Updated each day.
UK’s GDP growth surpasses expectations
Strongest Q1 GDP growth in two years.
Energy price fluctuations expected this year
Bills fall but increases expected by October.
4.4m taxpayers face higher brackets in 2024
Millions face higher taxes, including pensioners and savers.
Over 25% of people looking for a new role
Workers are seeing AI as key to the future.
Hidden pension fees can cost £37k
Most are unaware of the charges.
Tax revenues surge despite NI cuts
Frozen thresholds and higher rates boost income.
Council tax debt crisis escalates
Calls for fair treatment and reforms.
Bank of England hints at future rate cut
Interest rates may decrease due to slowing inflation.
Inflation falls to lowest level in 3 years
Inflation meets the Bank of England’s target of 2%.
UK investment levels lag behind peers
Investment the lowest among G7 nations for three years.