Bank of England raises base rate to 3.5%
The Bank of England (BoE) has raised UK interest rates by half a percentage point to 3.5%. It is the ninth consecutive increase and takes the base rate to its highest…
Government extends mortgage guarantee scheme
The Mortgage Guarantee Scheme will be extended by a year to the end of December 2023, helping people with 5% deposits on to the property ladder, the UK government has…
New PM must restore confidence, say business groups
New PM must restore confidence, say business groups The UK’s new Prime Minister Rishi Sunak must restore confidence in the country’s economy, say business groups. Mr Sunak will have to…
FCA warns that eight million are struggling to keep up with bills
FCA warns that eight million are struggling to keep up with bills Almost six in ten UK adults are struggling to keep up with their bills, according to new research…
IoD survey finds UK businesses anticipate growth in exports
IoD survey finds UK businesses anticipate growth in exports A survey conducted by the Institute of Directors (IoD) has found that 42% of UK businesses that trade internationally expect to…
Self assessment clock ticks down to under 100 days
Self assessment clock ticks down to under 100 days HMRC has reminded taxpayers that they are now less than 100 days until the deadline for self assessment online return submission. Self…
Inflation returns to 40-year high
Inflation returns to 40-year high The rate of inflation rose to 10.1% in September as the economy felt the effects of rising prices and the fallout from the Mini Budget,…
Latest guidance for employers
HMRC has published the latest issue of the Employer Bulletin. The October issue has information on various topics, including: Please contact us for help with tax matters. Internet link: Employer Bulletin
British Business Bank lending now exceeds £12 billion
British Business Bank lending now exceeds £12 billion The British Business Bank (BBB) was supporting £12.2 billion of lending to over 96,000 businesses at the end of March 2022, according…
Autumn 2021 Newsletter
Is this freedom we can feel? With an unsettled summer weather-wise mirroring some of the ups and downs of developments around the pandemic, focus is now on trying to get…
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