With the Bank of England predicted to continue increasing interest rates, the pound has surged and is now recognized as the best-performing currency among developed economies this year.
Allegations of tax fraud have led to the raiding of French banks
As part of an investigation into tax fraud and money laundering related to dividend payments, some of France’s largest banks were raided by the country’s financial prosecutor.
HMRC self assessment: More than 600,000 will miss Tuesday’s self-assessment deadline
More than 600,000 people will miss Tuesday’s self-assessment deadline, resulting in a £60m bumper haul of late penalties for HM Revenue and Customs.
Ofgem says that energy bills without government help would reach nearly £4,279
Ofgem, the British energy regulator, stated that its price cap for household energy bills would increase by 21% to £4,279 ($5,172) per year from January 2023 to March 2023.
British energy regulator claims that companies are failing to protect vulnerable customers
The British energy regulator stated Tuesday that many companies are not doing enough to help vulnerable customers in winter.
Trader’s Café with Zak Mir: A Week In Small Caps, Sunday 20th November 2022
So, the Autumn Statement arrived, and we have all to pay the higher taxes we apparently wanted: either because this is the only way to reassure the financial markets after
UK: Two million face paying 60pc income tax
A deep freeze on thresholds by Chancellor Jeremy Hunt has resulted in two million workers being subject to an effective 60pc income tax rate by 2028.
After the Government cuts support, household energy bills will rise by £500
After the Government reduced taxpayer support, households will have to pay an additional £500 for their energy in the next year.
Jeremy Hunt increases taxes to tackle UK public finances
Jeremy Hunt, the British finance minister, announced a series of tax increases and tighter spending in a difficult budget plan that he called necessary to restore the country’s public finances. He
Sterling has crashed to its weakest level in almost four decades
The battered British pound plunged to its lowest level since 1985 against the U.S. Dollar on Wednesday. This was due to investors selling off British assets amid a grim economic
Why the UK is exporting billions of litres of fuel to the US as petrol prices rocket
Drivers in the UK are experiencing record petrol prices. Yet, the country exports millions of litres of fuel every month to the US where they pay less than half the