Business news
VAT registration helpline set to close
HMRC will prioritise registration applications.
Company insolvencies fall in April
Figures remain higher than pre-pandemic levels.
Retail sales grow steadily in April
Retailers hope sales will improve over the summer.
Economy fell by 0.3% in March
GDP grew slightly in Q1 of 2023.
Bank of England raises interest rates to 4.5%
Rate increases for 12th time since December 2021.
ICAEW asks HMRC to rethink quarterly reports
The administrative burden dubbed “disproportionate”.
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