Cut Your Bills News

BRC reports second worst January sales data since records began

Sales fell in January 2012, according to the BRC

The British Retail Consortium has reported the second worst set of sales data since records began in 1995 as UK households rein in spending in the new year.

Average broadband speeds up by 22%, says Ofcom

Broadband is getting quicker, says regulator

Consumers in the UK are getting 22 per cent faster broadband speeds at home than they were 12 months ago, according to regulator Ofcom.

Water bills will go up by an average of 5.7% from April

Water bills will rise by an average of 5.7% in England and Wales from April

Water and sewerage bills in England and Wales are set to rise by an average of 5.7 per cent from April as part of the regulator, Ofwat's plans to pay for improvements.

HMRC extend self assessment deadline to Feb 2nd

HMRC may waive self assessment fines as staff plan strike

HMRC has extended the deadline for self assessment tax returns to Midnight, February 2nd which means interest will not be charged on tax owed until then.

HMRC boss Hartnett warns cash-in-hand payments 'diddle' the economy

British people are being encouraged to report those who accept cash-in-hand payments as part of a crackdown on tax avoidance by HM Revenue & Customs.

CBI data shows high street retail sales decline in January

Sales in high street stores were down in the first part of January 2012 as consumers stopped spending after Christmas, according to the Confederation of British Industry.

Clegg tax speech paves way for bigger rise in personal allowance

Nick Clegg will say in a speech today that the government needs to raise the income tax threshold

Nick Clegg will use a speech today to insist that the coalition government moves "further and faster" towards its goal that nobody will pay tax on their first £10,000 of earnings.

UK has 'one foot back in recession' as GDP falls by 0.2% in Q4

The UK economy shrank by 0.2% in the final quarter of 2011, reports the ONS

The UK economy shrank by 0.2 per cent in the final quarter of 2011 fuelling the likelihood that the UK will fall back into recession after the first quarter of 2012.

HMRC reminds self assessment taxpayers of deadline

Self assessment taxpayers have been reminded by HM Revenue & Customs that the deadline for their returns is rapidly approaching.

GDP preview: UK economy expected to post zero growth in Q4

GDP figures for the final quarter of 2011 will be announced tomorrow

The Office for National Statistics (ONS) publishes its first estimate of GDP in the final quarter of 2011 on Wednesday and it is expected to show that the UK economy was flat.

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