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Bank of England’s Inflation Conundrum: Mixed Signals and Divided Pathways

22nd January 2024

Nigel Holland “As inflation recedes and interest rates remain high, the Bank of England grapples with diverging views among policymakers, potentially risking over-tightening. Governor Bailey and Chief Economist Pill’s differing opinions on rate cuts fuel...

UK’s Looming Growth Crisis: Taskforce Urges Tax Cuts for Economic Revival

15th January 2024

Nigel Holland “The Growth Commission warns of two decades of stagnation due to high taxes, low productivity, and red tape.” Quotation by Nigel Holland. Liz Truss’s taskforce advocates tax cuts for economic growth. GDP per head to grow by just 1%...

Jeremy Hunt Eyes £10 Billion Business Tax Cut in Ambitious Economic Boost

8th January 2024

”Chancellor Jeremy Hunt plans a £10 billion tax cut for businesses through extended ‘full expensing’ as outlined in the Autumn Statement. Despite ruling out inflationary measures, major personal tax cuts might wait until spring.” Quotation by Nigel...

“HMRC’s Innovative Annualized Hours Trial Aims to Boost Customer Service”

1st January 2024

Nigel Holland “HMRC plans to implement an ‘annualized hours’ pilot scheme, offering customer service staff a 1% pay increase in exchange for giving up flexible working. This initiative aims to tackle the poor customer service reputation faced by...

“Landmark Ruling on Capital Gains Tax: Thousands Could Claim Refunds”

25th December 2023

Nigel Holland “Gerald and Sarah Lee’s 7-year battle with HM Revenue and Customs over a £158,000 capital gains tax bill has opened the door for potential refunds for many self-build homeowners. The dispute centred on when Private Residence Relief applies,...

“Government Plans Weekly Bank Account Checks for Benefits Fraud Prevention”

18th December 2023

Benefits claimants could face weekly bank account data checks to prevent fraud, saving £500 million in five years. Banks will run these checks, triggering red flags for fraud risk. Quotation by Nigel Holland. Nigel Holland Weekly bank account data checks proposed for...
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