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Around 7.4 million people in the UK struggled to pay a bill or a credit repayment in January, according to the Financial Conduct Authority (FCA).

The figure is lower than last year but is…

The rate of UK inflation fell to 2.3% in the year to April, according to the Office for National Statistics (ONS).

Inflation is down from 3.2% in March and is the lowest level since September…

The UK's business groups have pledged to work in partnership with the new Labour government to revitalise the nation's economy.

Labour leader Sir Keir Starmer is the new Prime Minister after…

The number of self-employed people aged 60 or over has reached a record level, according to analysis by Rest Less.

These numbers have increased by over a third in the past decade, totalling…

The government has announced an overhaul of the UK's apprenticeship system.

A new growth and skills levy which will replace the existing apprenticeship levy and include new foundation apprenticeships.

The…

Over three million workers will receive a pay boost after Chancellor Rachel Reeves confirmed the National Living Wage will increase from £11.44 to £12.21 an hour from April 2025.

The 6.7%…

HMRC has published the latest issue of the Employer Bulletin. The December issue has information on various topics, including:

• employer National Insurance contributions and Employment…

The UK economy grew for the first time in three months in November, according to the Office for National Statistics (ONS).

ONS figures showed an expansion of 0.1% in GDP after the economy…

HMRC will reduce late payment and repayment interest rates from 25 February following the cut in the base rate.

The Bank of England cut the base rate to 4.5% on 6 February, triggering a 0.25%…