Retailers face potential job cuts due to recent tax increases, according to the Bank of England governor.A letter from the British Retail Consortium highlights a possible…
Browsing: Treasury
Amid rising fiscal challenges, retail leaders have raised alarms about potential job losses.Bank of England chief Andrew Bailey supports retailers’ warnings to the government about job…
In a significant economic shift, UK inflation has dipped below the Bank of England’s target, reaching 1.7% in September. This development marks the lowest inflation level…
A comprehensive survey reveals a significant decline in trust towards HMRC among UK businesses, highlighting widespread dissatisfaction with service standards.Over 10,000 businesses participated in the survey…
Britain’s fiscal strategy heavily leans on its 1.13 million top earners, raising £124 billion this year, sparking debates on economic sustainability.These top-rate taxpayers contribute over 40%…
In a significant move to enhance fraud prevention, banks in the UK will soon have new powers to freeze large payments for up to four days.…
Concerns are mounting over the UK government’s proposed increase in the windfall tax on oil and gas companies, triggering fears of significant economic repercussions.The Treasury plans…
The RAC is urging the government to abolish the 5p fuel duty cut, claiming it has failed to deliver promised savings for drivers.Initially introduced to alleviate…