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The economy

UK Government axes Autumn Budget

Chancellor Rishi Sunak will set out a fresh round of job support measures today.

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New rules introduced to help businesses tackle fraud

All directors to complete identity verification checks.

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Audit reforms ‘need urgent resolution’

Group calls on the Government to deliver change.

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HMRC reveals up to £3.5bn furlough claims paid in error

Around £1.75 billion and £3.5 billion could have been wrongly paid out.

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Economic hit ‘less severe than feared’

Bank of England’s first forecast since the pandemic hit.

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IFS: ‘Tax rises may not be imminent’

Think tank predicts a third phase of recovery.

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UK economy fared worse than feared in Q1

ONS revises down its previous estimate by 0.2%.

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