Jul 19, 2019 | Current Affairs
A no-deal Brexit could increase public borrowing by £30 billion a year compared to leaving the EU with a deal, according to a report from the Office for Budget Responsibility (OBR). This is based on the assumption that a no-deal scenario could cause a recession, as...
May 15, 2019 | Current Affairs
The unemployment rate in the UK has fallen to its lowest rate in nearly 45 years, at 3.8%. Figures from the Office for National Statistics show that from January to March 2019, an estimated 1.3 million people were unemployed, while 37.2m were in employment. The last...
Apr 17, 2019 | Current Affairs
Increases in the state pension age are believed to be partially responsible for the UK's employment rate reaching its highest rate since records began in 1971. According to the Office for National Statistics (ONS), the employment rate in the UK reached 76.1% between...
Mar 19, 2019 | Current Affairs
Businesses in retail and hospitality risk being left behind by the Government's Industrial Strategy, according to a report by the Business, Energy and Industrial Strategy (BEIS) committee. The committee said that while the Industrial Strategy has focused on support...
Feb 14, 2019 | Current AffairsGovernment Announcements
Businesses that import goods from Europe will not have to make immediate declarations to customs in the event of a no-deal Brexit, the Government has revealed. The new guidance from HMRC claims importers will file a simplified online form up to two hours before a...
