Changes came into effect on Monday.
Bank of England scraps mortgage affordability tests
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Current Affairs
PM candidates set out tax plans
Truss and Sunak clash over tax policy.
UK CPI inflation reaches 9.4%
June marks the ninth consecutive rate increase.
Wages fall due to cost of living crisis
ONS data shows the fastest rate decline since 2001.
Families receive first cost of living payments
First instalments being paid out from a £37 billion support package.
FCA calls for fair treatment of SMEs
Banks have been told to maintain affordable payment plans.
Economy grows more than expected in May
ONS data shows GDP grew by 0.5%
Footfall for businesses increases
Cost of living crisis persuades consumers to shop around.
New Chancellor takes aim at rising costs
“Nothing is off the table”, according to Chancellor Nadhim Zahawi.
Retail sales fall in May
ONS report shows a drop in food purchases
Inflation rises to 9.1%
CPI rate at the highest level for 40 years.
Bank of England raises interest to 1.25%
Interest rate hits 13-year-high.
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