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      Bank of England Governor Andrew Bailey said cited several indicators that the labour market was softening.

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HMRC

  • Knighthood for HMRC boss ‘an insult to British taxpayers’

    June 19, 2024

    The decision to give a knighthood to HMRC’s chief is “an insult to British taxpayers”, a campaign group has said, highlighting the tax authority’s woeful customer service. 

  • HMRC tax rule changes put professional service firms into limbo

    June 10, 2024

    The UK tax agency is probing firms for potential backdates contributions after changes to a tax rule which affects LLPs

  • Mike Ashley’s Frasers Group hires former HS2 and HMRC boss

    June 3, 2024

    Mike Ashley's retail empire Frasers Group has joined the former chair of HS2 and CEO of HMRC to its board.

  • How much cash could a tax avoidance clampdown raise?

    May 30, 2024

    Predictably both parties are reluctant to suggest they will raise taxes, but in recent weeks both have found a conveniently painless source of funding: clamping down on tax avoidance.

  • HMRC tax dispute with EY over Tory donor’s affairs on hold for settlement talks

    May 24, 2024

    HMRC's tax dispute with accounting firm EY and Jamie Ritblat, a British property investor and Tory donor, has been placed on hold as settlement talks take place, CityAM has learned.

  • HMRC challenging media businesses for research and development tax relief

    May 19, 2024

    HMRC currently challenges around 20 per cent of R&D tax relief claims overall - up from one per cent previously.

  • HMRC seeks another bite in ‘mega marshmallow’ tax case

    May 17, 2024

    After losing twice in the long-running ‘mega marshmallows' tax case, HMRC has said it is looking to file yet another appeal

  • Spending watchdog says HMRC in ‘declining spiral’ and needs to rethink ‘unprecedented’ job cuts

    May 15, 2024

    Taxpayers spent the equivalent of 800 years on hold when trying to phone HM Revenue and Customs' customer service in 2022-23, according to a scathing report by the UK spending watchdog that found the public had been "let down".

  • Red card: Former England and Liverpool footballer John Barnes banned as a company director

    April 24, 2024

    John Barnes, the former England and Liverpool footballer, has been banned as a company director after his business failed to pay tens of thousands of pounds in tax. 

  • HMRC roasted by ‘mega’ marshmallows after Tax Tribunal dismisses appeal

    April 10, 2024

    A London-based wholesaler of American sweets and treats, Innovative Bites, appealed after the HMRC decided that 'mega marshmallows' was confectionery and ought to have been standard rated.

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