Current Affairs

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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Interest rate increases to 13-year-high

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

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Retail sales fall in March

Statistics show consumer spending slowed.

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GDP growth slows over February

ONS figures show pre-COVID levels exceeded.

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BRC reports retail slump

Sales decreased compared to March 2021.

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