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HMRC apologises after getting sums wrong

HMRC has apologised after it incorrectly claimed that it had collected billions of pounds in extra tax.

In a report on HMRC's accounts for 2013-2014, the National Audit Office (NAO) found tha… Continue Reading »

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UK to post strongest growth in G7, says Item Club

The UK economy will grow faster in 2014 than any other G7 economy, while low wage rises will ensure interest rates do not rise until next year, an influential report has forecast.

UK GDP grow… Continue Reading »

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UK banks face full CMA competition probe

Markets watchdog the Competition and Markets Authority (CMA) has recommended a full competition inquiry into banks.

The provisional decision recommends a full-scale inquiry into the banking s… Continue Reading »

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Youth unemployment falls 40 per cent in Worcester amid economic boost

YOUTH unemployment has fallen 40 per cent in Worcester in one year - as the latest joblessness figures showed another boost across the county.

New data published yesterday has revealed how th… Continue Reading »

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HMRC publishes list of suspect tax avoidance schemes

HM Customs and Revenue (HMRC) has published a list of more than 800 schemes that it believes are deliberately designed to avoid tax.

The list consists of a series of numbers, allowing them to… Continue Reading »

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Showing 51 to 55, of 119 Blog Posts found