UK Finance report showed uptick in Q1 2022.
Lending trends for SMEs returning to normal
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Current Affairs
Economy contracts in April, figures show
Test and trace decline sees GDP shrink by 0.3%.
Business footfall increases for Jubilee weekend
Overall footfall is still at lower levels than previous years.
Energy price cap to increase in winter
Ofgem boss warns of a rise of nearly £1,000 by October.
Retail sales volume rose in April 2022
Sales volumes in three months to April continue to drop.
Sunak sets out ‘plan for growth’ but falls short of immediate support
Chancellor insists the Government “stands ready to do more”.
UK inflation hits 40-year high of 9%
Macroeconomy now businesses’ number one concern.
Regular pay tumbles in first quarter of 2022
Only growth in bonuses keeps total pay growth positive.
GDP fell by 0.1% in March 2022
Fears of recession as monthly GDP contracts.
BCC calls for emergency budget
Budget demanded due to rising costs for businesses.
Interest rate increases to 13-year-high
Bank of England announces interest rate rise to tackle cost of living.
Half of SMEs predict zero growth in 2022
Rising costs hinder business growth plans.
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