Interest rates may decrease due to slowing inflation.
Bank of England hints at future rate cut
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Current Affairs
Inflation falls to lowest level in 3 years
Inflation meets the Bank of England’s target of 2%.
UK investment levels lag behind peers
Investment the lowest among G7 nations for three years.
London ranked 8th most expensive global city
Soaring rents and inflation are driving price surge.
Manufacturers anticipate growth amid worker shortage
Manufacturing recovery faces skilled worker challenge.
UK unemployment hits two-year high
Wages grow despite economic inactivity surge.
Brits support climate change taxation
40% agree with tax funding for climate action.
HMRC’s foreign tax tips are up by 48%
HMRC received 9.5 million disclosures in 2022.
UK unemployment rising fastest among OECD countries
All regions facing rising unemployment and fewer vacancies.
HMRC rejected 52k VAT registrations last year
17% of all applications were refused.
HMRC error delays child benefit payments
Half a million families failed to receive payments.
Only 13% of bounce back loans paid off
£46.9 billion was lent during Covid under the scheme.
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