
The economy
UK economy surpasses pre-pandemic level
November 2021 UK GDP estimate up 0.7% on February 2020.
Rising concerns about impact of inflation
Survey suggests 24% of individuals are “very concerned”.
Retail footfall slips amid Omicron concerns
Shoppers limited their in-store trips to avoid COVID variant.
Business confidence remains flat in November 2021
Concerns about energy costs and employment taxes increase.
Small business confidence loses steam
State of economy cited as major problem for businesses.
HMRC collects £100bn more in 2021/22 than previous year
Tax take recovers to pre-pandemic level.
Energy prices push inflation to 4.2% in October 2021
Combative interest rate hike could be on the horizon.
Economy grows by 0.6% in September 2021
Services grow by 0.7%, spurred by in-person GP appointments.
Online sales fall by 11.2% in year to October 2021
Early Christmas shoppers fail to materialise.