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The economy

Government borrowing shrinks in July 2021

Borrowing is second highest on record for that month.

Inflation slows more sharply than forecast

Year to July 2021 inflation rate hovers above 2% target.

UK economy grows as COVID-19 restrictions ease

Hospitality and retail bounce back in Q2 2021.

Startups outstrip business closures in 2021

Business start-ups in 2021 up by 22% from previous year.

Output per hour grew fastest in North West in 2020

The UK economy grew by 0.4% in the UK.

Think tank predicts cut to UK’s tourism trade deficit

The deficit was £30.5 billion in 2019.

Retail sales figures improved in June 2021

The proportion of retail sales fell in the same period.

Monthly borrowing figures start to climb down

Borrowing in June 2021 was the second highest on record.

Smart technology in UK energy to cut bills and create jobs

As many as 24,000 jobs could be created.

Lords report warns of BoE’s ‘addiction’ to QE

The programme financed the majority of COVID-19 support.