The latest tax, employment, business and economic news affecting firms and individuals alike. Updated each day.

Government borrowing eases in May

Tax receipts were £1.7bn higher than predicted.

Research reveals increase in cryptoasset ownership

More holders view them as a legitimate investment.

Majority of home workers want hybrid return to the office

Business owners are uncertain where staff will work.

HMRC chases £1bn in false furlough claims

Furlough fraud was previously thought to be £3.5bn.

Chancellor rejects pleas for furlough extension

Furlough is to be phased out from 1 July.

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