Interest rates will ease when inflation is under control.
IMF predicts interest rates will fall to pre-pandemic levels
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Current Affairs
Business confidence rises in March
IoD report suggests UK economy grew strongly.
HMRC late payment interest rises to 6.75%
Late payment rates at highest level since 2008.
Reduced energy bill support puts SMEs at risk
Around 370,000 firms will pay more from April.
BoE raises interest rates to 4.25%
The decision follows an unexpected rise in inflation in February.
Inheritance tax receipts soar to £6.4bn
February’s inheritance tax take totalled £521 million.
Inflation rises to 10.4% in February
Salad and vegetable shortages drive soaring food prices.
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.
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