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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UK firms are paying off debt for the first time in eight years as rising interest rates slash the appetite for borrowing and strong cash flows are channelled into repaying existing debt, a new survey has revealed.
Company debts in the UK fell 10 per cent on a constant-currency basis in 2021/22 to $521bn, taking their share of the global debt pie to 6.4 per cent, its lowest since the index began in 2014, according the corporate debt index compiled by asset manager Janus Henderson.
Read more at City A.M.