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Ofgem: Electricity Distribution GSOP Payments Adjusted for 2026-2027

Ofgem has published guidance detailing adjustments to Guaranteed Standards of Performance (GSOP) payments for electricity distribution network operators for the 2026-2027 regulatory year. These adjustments reflect inflation and are effective from April 1, 2026.

Bank of England Inflation Attitudes Survey Results

The Bank of England has published the results of its latest quarterly Inflation Attitudes Survey for February 2026. The survey assesses public perceptions of inflation, the Bank's work, and economic expectations, with key figures showing a slight decrease in current and expected inflation rates compared to November 2025.

Serious Fraud Office Interim Director Appointment

Graham McNulty has been appointed as the Interim Director of the Serious Fraud Office (SFO), effective April 2026. He brings extensive experience in law enforcement and combating economic crime to the role, succeeding Nick Ephgrave.

Serious Fraud Office Completes E-Discovery Review of Past Convictions

The UK's Serious Fraud Office (SFO) has completed its review of 66 past convictions that used its legacy Autonomy e-discovery system. The SFO found no material casting doubt on the safety of these convictions. A separate issue affecting approximately 20 cases due to digital container file expansion is also being reviewed.

Bank of England: New Deputy Governor for Prudential Regulation Appointed

The Bank of England has announced the appointment of Katharine Braddick as the next Deputy Governor for Prudential Regulation and Chief Executive of the Prudential Regulation Authority, effective July 2026. This appointment follows a review of the PRA's existing initiatives to support lending and reduce business burdens.

Bank of England AI Roundtables Summary

The Bank of England published a summary of its AI roundtables held with regulated firms in February 2026. The discussions focused on the responsible adoption of AI and ML, with participants generally supporting the existing regulatory framework and not seeing an immediate need for new AI-specific guidance.

HMRC Guidance on Genuine Contact Methods to Avoid Scams

HM Revenue & Customs (HMRC) has updated guidance on genuine contact methods to help individuals and businesses identify scams. The update clarifies that HMRC may use multiple communication channels, such as letters followed by emails or calls, and lists specific research contacts from IFF Research and Ipsos.

UK VAT Number Service Availability and Issues Update

HM Revenue & Customs has updated guidance on the availability of the Check a UK VAT number online service. The latest update from March 13, 2026, confirms potential service disruptions for new VAT registrations between March 16-20, 2026.

HMRC List of Recognised Payroll Software

HM Revenue & Customs (HMRC) has published a list of payroll software recognised for PAYE reporting. The guidance includes both free and paid-for options, with specific recommendations for businesses with fewer than 10 employees.

UK Offices for Community and Common Transit Procedures

HM Revenue & Customs has updated the list of UK offices for Community and Common Transit procedures. The latest update on March 13, 2026, includes new data fields, removes non-live ports, and provides updated contact details for traders and customs officers.