UK Treasury plans to monitor departments’ spending in real time
Currently all departments track their own spending and performance, only sharing data with the Treasury through manual uploads in online spreadsheets. That means the Treasury does not have real-time ...
UK economy unexpectedly shrinks in January, in blow to Treasury chief ahead of key statement
The British economy unexpectedly shrank during January, piling pressure on Treasury chief Rachel Reeves before a key ...
UK elite law firm fined over €500,000 for Russian sanctions breaches
The firm voluntarily reported the breaches to the OFSI, although the UK's Treasury body said it must remain "steadfast" in ...
Bank of England set to keep main UK rate unchanged at 4.50% despite gloomy economic news
The Bank of England is set to keep U.K. interest rates unchanged even though the economy is barely growing and set for ...
UK's Reeves says financial regulators responding to her cull of red tape
British finance minister Rachel Reeves said on Monday she was pleased with moves to boost economic growth taken by two of the ...
The Art Newspaper7d
UK extends tax-free import period for art and antiques
Temporary Admissions, where goods can come into the country without import duties, increased to four years to help ...
FXStreet6d
UK growth to rebound through 2025 after a sluggish January
Whether that’s enough to avert tough decisions for the Treasury, we’re not so sure. The UK economy got off to a sluggish ...
Crypto News2d
UK Moves to Tokenize Government Bonds With Digital Gilt Pilot
The UK government plans to pilot digital gilts using blockchain technology, seeking industry input on design and ...
Treasury to push ahead with cash ISA reform despite backlash
An ISA is a tax-efficient pot which can hold cash or investments. Since 2017 holders can add up to £20,000 a year to their ...