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United Kingdom
More about this topic
Business
UK taxpayers left on hold for 800 years, says spending watchdog
In a damning report, the UK's public spending watchdog - the National Audit Office (NAO) found HM Revenue & Customs' (HMRC) customer service was "in a declining spiral" and had not met its goals for responding to taxpayer correspondence or telephone calls for several years.
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Economy
BoE holds rates steady, sees inflation below target in two years
The Bank of England maintained interest rates at 5.25%, in a split decision with two members dissenting. Governor Andrew Bailey indicated it's premature to reduce rates. New forecasts project that price pressures will fall below the target within two years.
Business
Migration to UK has failed to boost economic growth, warns report
According to a new study from the Centre for Policy Studies, migration to the UK is putting pressure on housing, public services and infrastructure. However, other countries take a different stance, with some viewing migration as beneficial for their economies.
