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,...
READ MORE
Hopes for a rapid economic rebound from Covid-19 have been dealt a severe blow after official figures revealed a lacklustre return to growth in May with the government put on notice about persistently higher levels of unemployment.
Sounding the alarm over the growth outlook as job losses across the country rapidly mount, the Office for Budget Responsibility (OBR) – the Treasury’s independent forecaster – warned unemployment could rise beyond the levels seen in the 1980s while the country struggles to regain its pre-virus footing.
Read more at the Guardian.