Category : Search result: financial compliance


HMRC uses AI to target tax evasion and fraud

HMRC is turning to artificial intelligence to tackle a £700m tax gap and improve compliance. The technology will identify risks faster but human caseworkers will make final decisions. Read the latest.

18,000 HMRC tax probes could last a decade

Nearly 18,000 HMRC investigations into wealthy UK households are open, with some lasting over 15 years. Discover the scale of the backlog and its impact.

Wealth manager Perspective acquires Prosser Knowles

Chorley-based Perspective Financial Group expands with its 17th acquisition of 2025, adding £400m in assets and 27 staff from Gloucestershire's Prosser Knowles. Discover the strategic growth.

Moralbox secures £550k for AI training tech

Sunderland's Moralbox has raised £550,000 to scale its AI-powered training and compliance platform, helping high-risk industries manage workforce skills in real-time. Discover their growth plans.

HMRC's new tax powers hit UK households

HMRC is implementing new 'one-to-many' compliance powers that could see working households across Britain receive unexpected tax code changes and demands for underpaid tax.

TSB Urgent Scam Alert: Millions Must Act

TSB warns customers about sophisticated new impersonation scams as fraudsters target banking security. Learn how to protect your money from these convincing cons.

Birmingham Council Sells 1,000 Assets in Bankruptcy Crisis

Exclusive investigation reveals the staggering scale of Birmingham City Council's asset disposal programme, with everything from community centres to office equipment being sold off to tackle the authority's financial crisis.

Car Finance Compensation: Millions Could Claim

A major regulatory investigation into motor finance commission arrangements could see millions of British drivers receive compensation payouts. Here's everything you need to know about the FCA probe and how to claim.

Midlands fraudster's £1.3m bank scam exposed

A sophisticated fraudster from the Midlands has been convicted after orchestrating an elaborate banking scam that nearly netted him £1.3 million. Discover how his complex deception unravelled.

DWP pays £1,700 to Universal Credit claimant after years

A Universal Credit recipient shares their emotional journey from financial desperation to unexpected relief after receiving a substantial backpayment from the DWP, revealing the human cost of Britain's welfare system.

HMRC's marriage tax trap costs couples thousands

Millions of married couples across the UK risk unexpected tax bills as HMRC launches fresh compliance checks on Marriage Allowance claims. Discover if you're affected and how to protect your finances.

Kitwave Profits Surge 15.5% Despite Market Headwinds

Wholesale distributor Kitwave reports remarkable 20.2% revenue growth and 15.5% profit increase, showcasing resilience through strategic acquisitions and operational excellence in challenging market conditions.

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