No ‘convincing case’ for digital UK currency, says House of Lords committee

Creating an official digital currency in the UK could pose significant risks to the financial stability of banks, a House of Lords committee has warned. The Lords Economic Affairs Committee said introducing a Central Banking Digital Currency (CBDC) ‘would have far-reaching consequences for households, businesses and the monetary system‘. The committee made its conclusions after… Read more…

Scam HMRC call reports drop by 97%

Reports of scam HMRC phone calls have fallen by 97% over the last 12 months, according to the latest figures from the tax authority. According to HMRC, reports of scammers impersonating HMRC in phone calls peaked at 79,477 in March 2021 and fell to just 2,491 in December 2021. The fall in scam call reports… Read more…

Should I Register my Business as a Limited Company

The decision to become self-employed can offer a whole wealth of benefits but it can also feel like a drastic change. The freedoms that self-employment offer are counterbalanced by greater responsibilities as you become both business owner and employee. One such responsibility is the decision on what type of business that you want. When it… Read more…