Category: concedes
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HMRC concedes £19bn in unpaid taxes unlikely to be recovered amidst soaring call centre failures
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HMRC has admitted it is unlikely to recover more than £19 billion in unpaid tax, as the department faces a huge rise in uncollected tax debts and a huge increase in customer service failures. According to the latest annual report from HMRC, the total amount of unpaid tax has risen…
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UK’s Labour sweeps to power as Rishi Sunak concedes election defeat
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Keir Starmer will be Britain’s next prime minister, and his Labour Party is expected to win a large majority in the parliamentary election, ending 14 years of often turbulent Conservative government by defeating Rishi Sunak’s party. While there are still many results to be announced from Thursday’s vote, the centre-left…