Jun 11, 2025 | Business TaxCurrent Affairs
Early HMRC information shows UK payrolled employment fell by 109,000 (-0.4%) in May 2025, the sharpest monthly decline for four years. The drop pushed the unemployment rate up to 4.6%, its highest level since April 2021. Economists have pointed to the...
Jun 9, 2025 | Current Affairs
The Financial Conduct Authority (FCA) joined forces with nine peer regulators to curb unauthorised financial promotion by so-called “finfluencers” on social media. The “Global Week of Action Against Unlawful Finfluencers,” which began on 2 June, pooled enforcement...
Jun 6, 2025 | Current Affairs
UK sickness absence edged closer to pre-pandemic norms last year, according to new Office for National Statistics (ONS) figures. Workers took an average of 4.4 days off for sickness or injury in 2024, amounting to 148.9m lost working days, or 2% of all possible days....
Jun 5, 2025 | Current Affairs
HMRC took every telephone helpline offline on Wednesday afternoon after what officials described as a failure in the “telephony interface”. Callers heard a recorded message stating the lines were “temporarily unavailable” and were directed to use online services...
Jun 3, 2025 | Current Affairs
The Organisation for Economic Co-operation and Development (OECD) expects UK economic growth to be slower than previously forecast. The Paris-based body has revised its UK growth forecast for 2025 from 1.4% to 1.3% and cut its 2026 estimate from 1.2% to just 1%. The...