The economy

UK inflation hits 40-year high of 9%

Macroeconomy now businesses’ number one concern.

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Regular pay tumbles in first quarter of 2022

Only growth in bonuses keeps total pay growth positive.

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GDP fell by 0.1% in March 2022

Fears of recession as monthly GDP contracts.

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BCC calls for emergency budget

Budget demanded due to rising costs for businesses.

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Bank of England increases interest rates to 1%

Rates rise marks fourth increase in a row from record low.

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Interest rate increases to 13-year-high

Bank of England announces interest rate rise to tackle cost of living.

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Insolvencies rise by 39%

Over 2,000 companies filed for insolvency in March.

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Figures paint “mixed picture” for businesses

Business confidence grows, regardless of challenges ahead.

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