UK economy to contract by 11.3% in 2020
The OBR predicts the economy will grow by 5.5% in 2021.
UK borrowing hits £22.3bn in October
Borrowing hit its highest levels in October since records began in 1993.
HMRC warns self-assessment customers about scammers
500,000 referrals from the public offered fraudulent tax rebates.
MTD for corporation tax to be implemented from 2026
HMRC revealed potential designs of its MTD for the corporation tax system.
Government extends furlough scheme to end of March
Employees to receive 80% of salary for hours not worked.