Kieran Lockhart, Jun, 3 2025
HMRC is under fire for taking over four months to process some tax refunds, far beyond normal timelines. The Public Accounts Committee is demanding urgent system upgrades and AI use to tackle these delays and regain public trust, warning that escalating costs and complexity are damaging confidence.
Categories:
Tags:
Kieran Lockhart, Feb, 19 2025
NS&I is cutting the Premium Bonds prize fund rate to 3.8% in April 2025, leading to fewer high-value prizes but more £25 awards. Financial experts warn of reduced attractiveness, while NS&I cites market alignment. Additional rate adjustments are happening to other NS&I products.
Categories:
Tags:
