FCA leads global crackdown on rogue finfluencers

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...

Nearly 149m working days lost to sickness in 2024

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....

Phone glitch blocks HMRC calls; lines reopen Thursday

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...

UK growth forecast downgraded by OECD

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...