Financial eNews

UK economy grew by more than previously estimated during first quarter

The UK economy grew by more than initially estimated at the start of this year, according to figures from the Office for National Statistics (ONS).

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UK's investment rates worse than every other G7 country

The UK has the lowest rates of investment of any other country in the G7, according to analysis by the Institute for Public Policy Research (IPPR).

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300,000 file tax returns in the first week of the tax year

Almost 300,000 self assessment taxpayers filed their return in the first week of the new tax year, HMRC has revealed.

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Advisory fuel rates for company cars

New company car advisory fuel rates have been published and took effect from 1 June 2024.

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HMRC error means self-employed workers could lose out on state pension

An HMRC error could mean that some low-income, self-employed workers lose out on their entitlement to National Insurance-related benefits like the state pension, warns the Low Incomes Tax Reform Group (LITRG).

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Inflation falls after UK moves out of recession

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

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