Late filing rises by 10% compared to last year.
Over a million miss self-assessment deadline
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Current Affairs
Bank of England holds interest rates at 5.25%
Committee votes with a 6-3 majority.
‘Limited tax cut options in Budget,’ says Chancellor
Further cuts unlikely in upcoming financial statement.
Corporate insolvencies surge in 2023
Harsh business climate puts pressure on firms.
House prices begin to fall at a slower rate
Sales agreements up year-on-year across UK.
UK vacancies see biggest monthly decline in three years
December marks second consecutive month below 1m vacancies.
Thousands of high-growth companies in ‘financial ill health’
Over 66,000 SMEs have been identified as at risk.
Scotland sees over 38,000 new startups in 2023
Significant growth in entrepreneurship outpaces 2022.
UK inflation rises by 0.1%
CPI increases for first time since February 2023.
UK economy sees upturn in November
Monthly GDP grows by 0.3%.
UK labour market remains under pressure
76% of businesses attempting to recruit faced difficulties.
Firms urged to fortify supply chains
Businesses face significant risks from disruptions.
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