The economy

Retail sales figures improved in June 2021

The proportion of retail sales fell in the same period.

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Monthly borrowing figures start to climb down

Borrowing in June 2021 was the second highest on record.

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Lords report warns of BoE’s ‘addiction’ to QE

The programme financed the majority of COVID-19 support.

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UK GDP grows by 0.8% in May 2021

Growth was primarily driven by the service sector.

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BoE: Recovery to push inflation above 3%

The Bank expects high inflation to be ‘temporary'.

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Government borrowing eases in May

Tax receipts were £1.7bn higher than predicted.

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The economy grew by 2.3% in April 2021

Local holidays and hospitality drove the boost.

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