A tax avoidance promoter whose schemes were used by locum doctors and nurses faces a £900,000 penalty for failing to co-operate with HM Revenue & Customs.
Category: News
The latest news affecting small and medium sized (SME) businesses in the UK
Trump Faces Potential Windfall as Truth Social Enters Stock Market
Donald Trump, facing a substantial fraud fine, might find a lifeline in the stock market through Truth Social, his social media platform. The platform’s parent company, Trump Media, is set to go public following a merger with Digital World Acquisition Corp (DWAC).
Apple Faces Lawsuit by US Over Smartphone Market ‘Monopoly’
Apple finds itself embroiled in a legal battle with the US Justice Department, accused of leveraging the iPhone to establish a monopoly that drove up prices for consumers and stifled competition.
Retail sales stagnate as shoppers cut back on food
British shoppers tightened their belts on food spending last month, leading to a slowdown in retail sales growth following a strong start to the year.
Thousands of Waspi Women Owed Payouts for State Pension Age Change
Millions of women, primarily born in the 1950s, are entitled to compensation following the government’s failure to notify them adequately about changes to the state pension age, resulting in financial hardships for many, according to a significant new report.
Private Sector Expansion Moderates Slightly in March
In a continuation of the ongoing recovery from recession, the private sector in Britain expanded for the fifth consecutive month, albeit at a slightly slower pace in March compared to the previous month.
Santander UK Chief Voices Concerns Over Investing in the UK
Mike Regnier, the head of Santander UK, has expressed reservations about further investment in the UK, citing the country’s high tax burden and increasing costs associated with compensating victims of fraud.
Record 1.1 Million Workers Employed on Zero-Hour Contracts in the UK
A staggering 1.1 million Britons are currently employed on zero-hour contracts, marking a record high, according to research conducted by the Work Foundation think tank.
Next Reports Record Revenue and Profit
Next has exceeded profit expectations, achieving record-high revenue and profit levels for the year ending January.
Government Borrowing Rises to £8.4 Billion in February
Government borrowing increased to £8.4 billion in February, marking a notable surge compared to the same month last year, according to official figures released today by the Office for National Statistics (ONS).
Commuter Chaos Looms as Train and Tube Drivers Announce Strikes
Commuters across Britain are bracing for further travel disruption as train drivers at 16 rail companies and London Underground tube drivers have announced strike action for next month.
HMRC Reverses Decision to Close Telephone Helpline
HM Revenue and Customs (HMRC) has swiftly reversed its decision to close its self-assessment telephone helpline for half of the year, following significant public backlash.
Google restricts Gemini chatbot election answers
Google has confirmed that it is implementing restrictions on the types of election-related queries users can pose to its Artificial Intelligence (AI) chatbot Gemini.
Fall in Food and Eating Out Costs Drives Decrease in Inflation
In February, inflation dropped to 3.4%, down from January’s 4%, inching closer to the Bank of England’s target of 2%.
Jeremy Hunt Hints at October General Election
Chancellor Jeremy Hunt has suggested that a general election could potentially be held in October.