An increase in the cost of domestic energy in England, Wales and Scotland has taken effect, adding pressure to household budgets in the new year. For more details please check the following link https://www.bbc.com/news/business-67785266
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Why UK economy resembles old clips of aeronauts failing to get flying machines off the ground?
Policy decisions are made more by the spirit of optimism than a realistic grasp of economics. For more details please check the following link https://news.sky.com/story/the-small-consolation-of-marginal-economic-growth-in-a-year-of-flatlining-performance-is-gone-13036134
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Understanding the UK economic year through five graphs
How economic growth, or a lack thereof; inflation; interest rates; tax and migration define 2023. For more details please check the following link. https://news.sky.com/story/the-key-economic-graphs-that-define-2023-13038165
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UK could be at forefront of green Industrial Revolution with carbon cluster plans – here’s why
The UK's detailed plans for how to fund, construct and run major carbon clusters in the Tees Valley, Scotland, the Humber, Black Country and South Wales are genuinely world leading, with Britain's clusters expertise admired far and wide, Ed Conway writes. For more details please check the following link. https://news.sky.com/story/uk-could-be-at-forefront-of-green-industrial-revolution-with-carbon-cluster-plans-and-heres-why-13039192
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Increased tax scrutiny of wealthy and mid-size business yields £11.4bn
While more resources are being put into tax compliance, HMRC documents said the difference between what it was owed and what it took in grew from the 2022 to 2023 financial year end. For more details please check the following link. https://news.sky.com/story/nearly-4-800-festive-filers-submitted-their-tax-return-on-christmas-day-13038271
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Monthly property transactions completed in the UK with value of £40,000 or above
This series looks at monthly property transactions completed in the UK with value of £40,000 or above. For more details please check the following link. https://www.gov.uk/government/statistics/monthly-property-transactions-completed-in-the-uk-with-value-40000-or-above
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Hint inheritance tax could be slashed as date of spring budget confirmed
Chancellor Jeremy Hunt will deliver the next budget on 6 March - with reports suggesting he could slash the controversial inheritance tax. For more details please check the following link. https://news.sky.com/story/sunak-accused-of-desperate-inheritance-tax-briefing-as-date-of-spring-budget-confirmed-13038202
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Big differences in house prices changes across the UK amid nationwide downturn
While house price rises have slowed, homes are still an average of £40,000 more expensive than before the COVID-19 pandemic. For more details please check the following link https://news.sky.com/story/big-differences-in-house-prices-changes-across-the-uk-amid-nationwide-downturn-13038625
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Recycling electrical goods could be done at kerbside and drop-off points in shops
Kerbside collections for small electrical goods such as toasters and hairdryers could be rolled out across the UK from 2026 under government proposals to boost recycling. For more details please check the following link https://www.bbc.com/news/uk-67830798
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No frosty surprises when you claim tax relief directly with HMRC
Advice on claiming a tax refund for work expenses. For more details please check the following link https://www.gov.uk/government/news/no-frosty-surprises-when-you-claim-tax-relief-directly-with-hmrc
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