Higher inflation expected as cost of living pressures persist.
First inflation rise of year forecast
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Current Affairs
Public procurement sees limited SME gains
New act aims to boost small business participation.
A third of SMEs distrust AI in finance
SMEs see a mix of automation and human oversight.
Bank of England cuts interest rates
First reduction in four years sees a 0.25% cut.
Rising poverty linked to mortgage rates
Interest rate hikes push households into financial distress.
Labour Budget date set for 30 October
£20 billion deficit is expected to be addressed.
Britain’s manufacturing sector sharply declines
Britain drops out of the top 10 manufacturing nations.
1p and 2p coins face production pauses
Treasury denies they will be scrapped completely.
FRC audit enforcements down by a third
Audit quality concerns despite reduced investigations.
Rise in cash use surprises experts
Unexpected increase in cash use across all demographics.
King’s Speech lays out new economic measures
The FSB calls for more support for SMEs.
Gender pay disparity in UK set to narrow
Research predicts gender pay gap will narrow to 11.9% by 2025.
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