Category: News

HMRC handed out 80 per cent more penalties for careless errors made by taxpayers in their tax returns last year, with 89,317 penalties issued in 2021/22, up from 49,701 the previous year.

The Government is weighing up Bulb Energy’s (Bulb) future after the auction process for the fallen energy firm attracted just one bid.

Climate activists climbed gantries on the M25 and declared the motorway a “site of civil resistance” as they pledged to block it for two days.

Royal Mail Group chiefs said its flagship postal service was haemorrhaging £1m a day today as revenues across the group slumped 5.1 per cent in the first quarter of the year as the pandemic postal boom subsides.

Hollywood is coming to Hertfordshire after planning officials gave the nod to the construction of a new $1 billion film studio in Broxbourne.

UK inflation climbed to a new 40-year record in June, heaping further pressure on households struggling with a generational cost of living crisis.

Thousands of Royal Mail workers have voted to strike in a dispute over pay in what could be the biggest industrial action of the summer.

Amazon’s core UK division was handed a tax credit of just over £1m last year by HM Revenue and Customs despite the online retailer’s profits soaring by almost 60% to £204m.

Unemployment has shrunk in the UK in June, according to the latest statistics, as the country’s workforce hit a record high number over the past month.

The high court has ordered the government to outline exactly how its net zero policies will achieve emissions targets, after a legal challenge from environmental groups.

The soaring cost of living has taken a bite out of Deliveroo’s revenues as people cut back on takeaways to pay their household bills.

A Bank of England official has said that interest rates could reach 2 per cent or more in the next year as the central bank tries to tame inflation.