Falling fuel prices offset by recreation and culture costs.
Inflation remains the same in May
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Falling fuel prices offset by recreation and culture costs.
Recommendations come after predicted boom in ‘staycations’.
CIOT’s new president urges Government for more support.
Lenders are concerned about future interest hikes.
Low awareness and high borrowing costs limit growth.
Food prices remain at “near historic highs”.
IMF upgrades its growth forecast.
Interest has doubled since May 2022.
Threshold freezes could see 7.8 million pay 40%.
Figures remain higher than pre-pandemic levels.
GDP grew slightly in Q1 of 2023.
Rate increases for 12th time since December 2021.
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