IFAC accelerates engagement on anti-corruption and anti-money...
As evolving threats such as climate change, artificial intelligence, and geopolitical conflicts put increasing...
READ MOREAs prices rise, the Post Office says Britons are turning back to cash
More Britons are turning to cash to manage their budgets as prices soar, the Post Office said on Monday after it saw a record level of withdrawals over its counters in July.
Personal cash withdrawals rose almost 8% month-on-month to 801 million pounds ($967 million), it said, noting it was only the second time they had exceeded 800 million pounds after December 2021.
With British inflation hitting a 40-year high of 9.4% in June, the Post Office said more Britons were opting to use cash to manage their budgets "often on a day-by-day basis".
Read more at Reuters
Previous
PwC fined nearly £1.8m over BT fraud audit failures
Next
City of London workers lead wage growth as pay inequality worsens in UK
HMRC umbrella company ‘checking tool’ looms for workers
Umbrella company consultation response and guidance due from HMRC, as more details come out on Tax Administration and...
READ MORE
A beginner’s guide to the taxes you’ll hear about this election...
National insurance, income tax, VAT, capital gains tax, inheritance tax… it’s easy to get confused about the many...
READ MORE