Action Fraud warns scammers are exploiting cost-of-living crisis

Oct 06, 2022

Action Fraud has warned that criminals are using the ongoing cost-of-living crisis to target the public with energy rebate scams.

Action Fraud revealed that more than 1,500 reports have been…

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HMRC releases more details MTD for Income Tax

Sep 05, 2022

HMRC has published more details on how Making Tax Digital for Income Tax (MTD for IT) will work for buy-to-let landlords and sole traders with qualifying income over £10,000.

The new income…

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Ofgem raises energy price cap

Sep 05, 2022

Average household energy bills will rise to £3,549 in October following the decision of energy regulator Ofgem to raise the price cap.

The record 80% hike will see a typical default tariff customer…

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Treasury Committee warns government against 'flying blind' with Emergency Budget

Sep 05, 2022

The Treasury Committee has urged the government to provide assurance that it is not 'flying blind' into a potential Emergency Budget this September.

In a letter sent to Chancellor Nadhim Zahawi,…

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Experts warn inflation could keep rising in 2023

Sep 05, 2022

Economic analysts have warned that the rate of inflation could keep rising in 2023 as a result of rising energy prices.

Think tank the Resolution Foundation stated that inflation could go above…

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Energy firms call for windfall tax to be scrapped by 2025

Sep 05, 2022

Trade body Offshore Energies UK (OEUK) has stated that the Energy Profits Levy, also known as the 'windfall tax', on UK energy firms should be scrapped by 2025 or it could risk having a 'detrimental…

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Treasury Committee warns government against 'flying blind' with Emergency Budget

Sep 05, 2022

The Treasury Committee has urged the government to provide assurance that it is not 'flying blind' into a potential Emergency Budget this September.

In a letter sent to Chancellor Nadhim Zahawi,…

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TUC urges government to raise NMW

Sep 05, 2022

The Trades Union Congress (TUC) has called on the government to increase the National Minimum Wage (NMW) rates 'immediately' in order to guarantee decent living standards for families.

Research…

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Report finds decline in the use of cash is easing

Sep 05, 2022

Banking trade body UK Finance has revealed that the rapid decline in the use of cash as a form of payment has eased.

A report published by UK Finance found that 40.4 billion payments were made…

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