Business news
Fuel advisory rates update
Diesel rates for company cars have been cut.
Nearly 800 mortgage deals withdrawn
Lenders are concerned about future interest hikes.
Access to finance limited for SMEs
Low awareness and high borrowing costs limit growth.
Self-assessment threshold increases to £150,000
Fewer PAYE taxpayers will submit returns in 2023/24.
Inflation falls to 8.7% in April
Food prices remain at “near historic highs”.
UK economy will “avoid recession”
IMF upgrades its growth forecast.
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