News
The latest tax, employment, business and economic news affecting firms and individuals alike. Updated each day.
Banks lift mortgage rates
Rise due to expected BoE rate cut delays.Government borrowing higher than forecast
Borrowing for the year £6.6 billion higher than expected.Interest rates may increase renewable energy costs
£29 billion could be added to energy bills by 2050.UK video game developers receive funding boost
£3m awarded to help UK game developers scale.Unemployment rises as job market falters
Unemployment rate rose to highest level in 6 months.Inflation drops to lowest rate in two years
Down to 3.2% in March, from 3.4% in February.650K HMRC calls abandoned in February
Waiting times are still above the annual average.Interest rate for director’s loans frozen at 2.25%
The rate is held for the second year running.UK nears recovery as GDP grows
Data indicates a 0.1% rise in GDP.UK passport prices to increase
The second increase in passport prices in 14 months.
Armstrong Rogers & Co
Current news
Report reveals HMRC service wait times for taxpayers
Taxpayers have waited for a total of 800 years.
Staff rates fall while pay growth rises
Workplaces drop but salaries increase over April.
Interest rates to remain at 16-year high
Rate of 5.25% maintained for the sixth time.