The CBI has cut its forecasts for economic growth thanks to costs and shortages over recent months – and warned that the emergence of the Omicron variant could see it dragged back further. UK GDP is now expected to notch up a still strong 6.9% growth this year and 5.1% […]
Costs and shortages hit UK’s economic growth and Omicron could add further risk, CBI warns
The CBI has cut its forecasts for economic growth thanks to costs and shortages over recent months – and warned that the emergence of the Omicron variant could see it dragged back further. UK GDP is now expected to notch up a still strong 6.9% growth this year and 5.1% […]
Rishi Sunak’s plans to cut income tax is just smoke and mirrors
The Chancellor, Rishi Sunak’s plans to cut the basic rate of income tax by 2p in 2024/25 is nothing but “smoke and mirrors” as the government makes it first moves towards the next General Election. Nimesh Shah, CEO of tax and advisory firm Blick Rothenberg, said: “Rishi Sunak wanted to […]