Feb 15, 2022 | Current Affairs
GDP fell by 0.2% in December 2021 to equal its pre-pandemic level in February 2020, according to the Office for National Statistics (ONS). The contraction follows a revised growth of 0.6% in November 2021 when the economy surpassed the pre-coronavirus economy for the...
Feb 11, 2022 | Current Affairs
Thousands of Scottish SMEs are expected to struggle with rising payroll costs in April 2022, according to the Association of Chartered Certified Accountants. In a poll of accountancy professionals representing more than 8,000 Scottish businesses, accountants said 22%...
Feb 8, 2022 | Current Affairs
Business confidence fell significantly at the end of 2021 according to the Federation of Small Businesses (FSB), the third consecutive quarterly fall. The small business index, which the FSB uses to represent business confidence, fell by 24.9 points between Q3 and Q4...
Feb 4, 2022 | Current Affairs
The Bank of England increased interest rates by to 0.5%, amid concerns that surging energy prices could push inflation to more than 7% by April 2022. Judging inflationary pressures remained "well anchored", the monetary policy committee (MCP) voted by five to four to...
Jan 28, 2022 | Current Affairs
The Office for National Statistics (ONS) is "transforming" the way it measures prices of consumer goods so it can better present UK monthly inflation rates. The change comes amid concerns that the 5.4% inflation rate recorded in December does not reflect the dramatic...
