Economic Outlook

BoE raises interest rate for 12th time to 4.5%

The Bank of England (BoE) has raised interest rates for the 12th consecutive time to 4.5%, up from 4.25%. The…

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BoE raises interest rates to 1.25%

The Bank of England’s (BoE) Monetary Policy Committee has voted to raise interest from 1% to 1.25% – marking its…

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BoE raises interest rates to 0.75%

The Bank of England has raised interest rates back to the pre-pandemic level of 0.75% as it tries to mitigate…

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Bira calls for extension of Gov’s TCR scheme

Bira is calling for an extension in the government’s Trade Credit Reinsurance (TCR) scheme. CEO of Bira, Andrew Goodacre said…

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UK GDP slumps over 20% in April as full impact of Covid-19 is felt

GDP slumped by 20.4% in April 2020, following a fall of 5.8% in March, according to the latest figures from…

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UK GDP expected to decline 7.2% in 2020 amid ongoing pandemic

The continuing impact of the Covid-19 virus is expected to see the UK economy contract by 7.2% in 2020, with…

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Small business confidence bounces back

The Federation of Small Businesses (FSB) has revealed today that UK small business confidence in the last quarter bounced back…

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UK inflation rate reaches 0.5% in March

The UK inflation, as measured by the Consumer Prices Index, rose to 0.5 percent in March 2016, according to the…

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FSB welcomes changes to Small Business Rates Relief

The Federation of Small Business (FSB) has responded to the announcements made in Chancellor George Osborne’s Budget speech on March…

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December brings festive season lull on high streets

The festive season has unfortunately brought with it a lull in high street shopping, according to the Confederation of British…

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