Current Affairs
Mortgage borrowing soars to highest ever monthly level
Borrowing stood at £17.9 billion in June 2021.
Read more »More than half of businesses confident they can pay off debts
One in five remain unsure about their debt repayments.
Read more »DWP hit with £87.9m IR35 tax bill
HMRC demanded bills over historic contractor assessment errors.
Read more »Retail sales figures improved in June 2021
The proportion of retail sales fell in the same period.
Read more »Hospitality sees promising recovery in spring
Business confidence in the sector remains low, however.
Read more »Lords report warns of BoE’s ‘addiction’ to QE
The programme financed the majority of COVID-19 support.
Read more »Inflation rate sees fourth month of consecutive growth
Rising prices coincides with unlocking of UK economy.
Read more »Bank of England warns of insolvency crisis among SMEs
Insolvency timings will coincide with end to Government support.
Read more »UK GDP grows by 0.8% in May 2021
Growth was primarily driven by the service sector.
Read more »COVID-19 loans hit total value of £80 billion
BBLS applications accounted for the majority of claims.
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