HMRC backflips on helpline closure announcements
HMRC has backflipped on this week's announcement that long periods of shutdown for self-assessment and VAT helplines,...
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The world’s sixth-largest economy shrank by almost a quarter between February and May, and some economists think it could be years before it returns to its previous size.
Back in May the Bank of England (BoE) said its best guess was that the economy would return to its previous size in the second half of 2021, but since then several policymakers have warned this relatively ‘V’-shaped recovery could be delayed.
Read more at Reuters.