HMRC is reducing the interest rate on late tax payments to 7.25%, starting November 18, 2024.However, a notable disparity exists as taxpayers receive only 3.75% interest…
Browsing: interest rates
The UK’s labor market shows signs of strain as unemployment rises to 4.3%, accompanied by a slowdown in wage growth.Wage growth, excluding bonuses, exceeds analyst expectations…
The Bank of England has reduced interest rates to 4.75% following a decrease in inflation and wage growth, signaling a shift in economic pressures.The decision faced…
The Bank of England has announced a rate cut to 4.75% in response to shifting economic conditions.The Monetary Policy Committee (MPC) decided the rate reduction amidst…
After a recent £504m take-private deal, Lookers has reported a pre-tax loss, reflecting substantial financial turbulence.The Cheshire-based dealership experienced a decline from a £73.9m profit in…
UK consumer sentiment weakens as concerns over tax hikes grow prior to Labour’s Budget.Chancellor Rachel Reeves is preparing for significant fiscal adjustments.GfK’s survey indicates heightened economic…
Consumer confidence in the UK has waned as anticipation builds for Labour’s upcoming Budget.The GfK consumer confidence index saw a decline, reflecting concerns over potential tax…
Make UK endorses Labour’s industrial strategy, predicting substantial investment opportunities.Labour’s Invest 2035 plan aims to reshape the UK manufacturing landscape through strategic policies.Research indicates a potential…
Make UK, representing manufacturers, endorses Labour’s industrial strategy, predicting significant investment growth and reshoring opportunities.A survey reveals 70% of industry members expect accelerated reshoring driven by…
As the year draws to a close, retailers focus on the pivotal golden quarter, despite ongoing economic challenges.Experts expect consumer demand, although fragile, to boost holiday…