Business news
HMRC pauses MTD for ITSA pilot
The decision will allow the tax authority to refresh its testing strategy.
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.
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