Business news
Inheritance tax receipts up by £0.3bn
Total payment of £2.4bn paid on inheritance tax.
Tax relief for creative businesses exceeds £1bn
Total tax breaks are down by a third on previous year.
Govt. expands ‘help to grow: digital’ scheme
Scheme expanded to very smallest businesses.
Bank of England raises interest rates to 1.75%
Increase sees the highest jump in 27 years.
UK inflation hits 10.1%
Inflation reaches double digits for first time since 1982.
Wages fall at record rate
Pay decreased during rising costs of bills.
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