Threat of UK withdrawing from Northern Ireland Brexit deal
The so-called Northern Ireland protocol, agreed as part of the Brexit Withdrawal Agreement in 2019, sets out how trade works in the region following the U.K.’s exit from the EU. The protocol was drawn up to protect the EU’s single market post-Brexit while avoiding a...Banks forced to offer scam victims compensation
The Financial Ombudsman Service, which manages disputes between financial firms and customers, is ruling against banks in 73% of authorised fraud cases, data exclusively obtained by Which? demonstrates. This means if you have been tricked into sending money to a...Further pressure on the Bank of England to raise interest rates
Inflation rose to the highest level in a decade in October amid the squeeze on living standards from soaring household energy bills. A sharp increase in gas and electricity prices pushed inflation as measured by the consumer prices index to 4.2% in October, up from...HMRC drive to make tax digital
In the 2015 budget, the Chancellor announced, “the end of the tax return”! Further announcements set out a timetable for digitalising income tax, Corporation Tax and VAT returns. Following consultation, the implementation for income tax and corporation tax...NS&I interest rate rise
NS&I last week announced an increase to the interest rate on its Income Bonds, with the rise coming into effect on the same day. Previously standing at 0.01 percent gross/AER, Income Bonds will rise by 0.14% It means that, as of Thursday November 18, NS&I...