Sep 12, 2022 | Current Affairs
Following Her Majesty Queen Elizabeth II's passing on Thursday (8 September), the Bank of England (BoE) has announced it will delay the interest rates decision by one week. The Bank is one of many public bodies that have cancelled or postponed events as a mark of...
Sep 8, 2022 | Current Affairs
The UK's most energy-intensive industries will likely be impacted most by the ongoing energy crisis, according to a report from the Office for National Statistics (ONS). According to the survey, the UK's most energy-intensive industry in 2019 was electricity, gas,...
Sep 6, 2022 | Current Affairs
UK business leaders expect inflation to reach 14% before the end of this year, signalling the country's entry into recession. The British Chamber of Commerce (BCC) forecasts a recession following the UK economy's contraction for three consecutive quarters between Q2...
Sep 1, 2022 | Current Affairs
The Federation of Small Businesses (FSB) is calling on the Government to support smaller businesses this winter after reports of a future rise to the energy price cap. In response to the news, the price cap is set to increase to £3,549 in October, Martin McTague,...
Aug 17, 2022 | Current Affairs
Inflation according to the customer prices index has risen to 10.1% in the 12 months up to July, up from 9.4% in June, says the Office for National Statistics. Food prices, energy bills, petrol and diesel were all leading contributors to the highest increase in...
