Welcome to our Weekly Digest – stay in the know with some recent news updates relevant to business and the economy.

UK-Ukraine digital trade set to grow

The UK-Ukraine Digital Trade Agreement (DTA) enters into force this week, allowing businesses on both sides to benefit from quicker and cheaper trade.

UK Government cancels £1.3 billion AI and tech funding

In a significant policy shift, the UK government has cancelled £1.3 billion in funding earmarked for artificial intelligence (AI) and technology research and development, as part of broader efforts to stabilise the economy.

Exploring the potential impact of a UK bank windfall tax under Labour’s new government

The prospect of a windfall tax on UK bank profits has spooked investors, with shares in Britain’s largest lenders among the biggest fallers on the FTSE 100 today.

Need to register for Self Assessment? Top 5 myths – debunked

HMRC clarifies some common myths about Self Assessment tax returns.

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