UK inflation came in a little stronger in July than analysts expected
The cost of living is on the rise again, despite another drop in British food prices and transport costs.Continue reading
Author Archive: Muhammad Zia
New information regarding the nil-rate allowance for dividend tax
Rules outlined in the Finance Bill 2016 will see to it that the 10 per cent tax credit on dividend income is abolished from 6th April 2016, and a £5,000 dividend tax allowance will replace it.Continue reading
Inflation forecast stays at zero per cent despite a two per cent target
UK economists have indicated that a drop in oil prices, combined with the strength of the pound, means that the Bank of England (BoE) is more unlikely to raise its interest rate from the record low of 0.5 per cent.Continue reading
Skills shortage blamed for slight rise in unemployment figures
Unemployment in the UK has crept up to more than 1.85million, the latest quarterly job figures suggest.Continue reading
£2.3 billion added to the UK economy by the pop-up retail sector
Over 10,000 pop-up retail units have been launched in Britain since 2014 and, according to recent figures from EE and the Centre for Economics and Business Research (CEBR), they are responsible for generating approximately £2.3 billion for the UK economy.Continue reading
Polish workers set to strike to prove their importance to UK economy
Thousands of Polish workers are to strike in protest against “being blamed” for Britain’s economic problems.Continue reading
Food sales drop hits the retail sector
Recently released figures show that British food retailers suffered weaker sales last month, with poor weather being cited as a major contributing factor.Continue reading
HMRC scrutinises cross-border transactions in a bid to gain more tax
HMRC is going to greater lengths to look into mid-tier and large businesses’ tax affairs, with a particular focus on intra-group payments.Continue reading
Sterling falls against the dollar and euro following ‘Super Thursday’
The value of the British pound fell against the dollar and euro yesterday, following widespread surprise that only one Monetary Policy Committee (MPC) member at the Bank of England voted for a base rate rise.Continue reading
UK’s new ‘Super Thursday’ to change the way economic data is released
From today, the Bank of England’s monthly rate decision will be released alongside minutes taken from the Bank’s Monetary Policy Committee (MPC) meeting, meaning that the usual fortnightly gap between the two has come to an end.Continue reading
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