Business news
PM restructures departments to boost the economy
New departments will focus on supporting growth and achieving net zero.
HMRC raises interest rates on tax debt
The new penalties will apply from 21 February.
Company insolvencies surge in 2022
Insolvency figures hit 2,190 – their highest level since 2009.
Bank of England raises interest rates to 4%
The latest increase is the highest base rate in 14 years.
Directors’ economic confidence rises
Business leader confidence hits its highest level since March 2022.
Millions of taxpayers leave returns until the last minute
2.7 million self-assessment customers were yet to file just hours before the deadline.
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