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The latest tax, employment, business and economic news affecting firms and individuals alike. Updated each day.

Widening tax gap casts doubt over MTD

HMRC misses out on £35bn in uncollected taxes.

Average UK house price growth slows to 8%

Growth slows as SDLT holiday tapers off.

Online service to transfer funds to SMEs launched

Online service to simplify apprenticeship levy funds allocation process.

Inflation rises in August to 3.2%

End to pandemic-related subsidisation pushes up food prices.

Economic recovery stalls in July

GDP grows by 0.1% in July 2021.

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