Salad and vegetable shortages drive soaring food prices.
Inflation rises to 10.4% in February
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Current Affairs
Finance sector increases female representation
The proportion of women in senior management rises to 35%.
GDP rises by 0.3% in January
The increase follows a 0.5% drop in December.
MPs criticise HMRC’s approach to furlough fraud
£2.3 billion fraudulently claimed under the scheme.
Accountants call for improved HMRC service
Chancellor urged to prioritise HMRC investment in upcoming Budget.
Business confidence in service industry falls
Experts call for service industry support.
Treasury receives £5.4 billion surplus in January
Income tax receipts hit £21.9 billion – the highest take on record.
CIOT calls for fairer HMRC repayment interest rates
Late payment penalties are up to 17 times higher than repayment amounts.
Inflation drops slightly to 10.1%
Falling fuel prices and the cost of eating out drove down inflation in January.
UK “narrowly avoids recession”
ONS figures show zero growth in the last quarter of 2022.
Millions face 5% council tax hike
Many local authorities plan to raise council tax by the maximum amount in April.
Company insolvencies surge in 2022
Insolvency figures hit 2,190 – their highest level since 2009.
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