Business news
Lords report warns of BoE’s ‘addiction’ to QE
The programme financed the majority of COVID-19 support.
National Food Strategy calls for £3bn salt and sugar tax
It could cost households up to £172 a year.
Inflation rate sees fourth month of consecutive growth
Rising prices coincides with unlocking of UK economy.
Bank of England warns of insolvency crisis among SMEs
Insolvency timings will coincide with end to Government support.
14.5 million jobs supported since pandemic onset
Critics argue millions have been “excluded” from support.
UK GDP grows by 0.8% in May 2021
Growth was primarily driven by the service sector.
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