Tax take soars by almost 10%
Total receipts for 2022/23 hit £786.6 billion.
Total receipts for 2022/23 hit £786.6 billion.
Insolvencies are higher than pre-pandemic levels.
37% of firms reported a 10% increase in operating costs.
Economic outlook “brighter than expected”, despite slow progress.
Interest rates will ease when inflation is under control.