Jun 2, 2025 | Current Affairs
Fewer than one in four taxpayers now say HMRC provides good customer service – the lowest result since the annual perceptions survey began in 2020. The tax authority’s helplines and phone services continue to frustrate users. Among those who had telephone contact,...
May 30, 2025 | Current Affairs
Around 50,000 civil service jobs could be cut as Chancellor Rachel Reeves pushes ahead with the final stage of a public spending review to tighten budgets across Whitehall. Government insiders say roughly 10% of the civil service workforce – about 500,000 full-time...
May 28, 2025 | Current Affairs
The International Monetary Fund (IMF) predicts that the UK economy will grow slightly more than previously forecast in 2025. In its annual review, the IMF expects growth of 1.2% this year and 1.4% in 2026, a minor upgrade from April’s downgraded forecast of 1.1%. The...
May 21, 2025 | Current Affairs
Inflation rose to 3.5% in April – its highest rate since January 2024 – after a sharp jump in household bills and taxes. The increase, reported by the Office for National Statistics (ONS), was higher than expected by both financial markets and the Bank of England....
May 16, 2025 | Current Affairs
According to the Financial Conduct Authority’s (FCA) latest Financial Lives survey, millions of UK adults are living with little or no financial safety net. The report found that 13 million people – a quarter of the adult population – have low financial resilience,...
