May 26, 2022 | Current Affairs
The quantity of goods purchased from retail stores rose by 1.4% in April 2022, following a fall of 1.2% the previous month. However, data from the Office for National Statistics shows that sales volumes decreased by 0.3% in the three months to April compared with the...
May 19, 2022 | Current Affairs
Chancellor Rishi Sunak teased his plans to tackle the cost of living crisis and build growth at a dinner party for top businesses yesterday (18 May). Speaking to business representatives at the Confederation of British Industry, Sunak said the Government "stands ready...
May 18, 2022 | Current Affairs
Prices are rising at their fastest rate in 40 years as higher energy bills hit millions of households. UK inflation as measured by the consumer prices index, which is the average rate at which prices are rising, jumped to 9% in the 12 months to April, up from 7% in...
May 17, 2022 | Current Affairs
Wages have fallen between January and March 2022, with only a growth in bonuses keeping total pay growth positive, data from the Office for National Statistics (ONS) says. According to its latest labour force survey, regular pay, excluding bonuses, increased by 4.2%...
May 16, 2022 | Current Affairs
The UK economy contracted by 0.1% in March 2022 after no growth in February 2022, dampening outlooks on the country's economic recovery post-Covid. A contraction in the services sector was the main contributor to March's fall in GDP, reflecting a large decrease...
