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The economy

Inflation rate sees fourth month of consecutive growth

Rising prices coincides with unlocking of UK economy.

UK GDP grows by 0.8% in May 2021

Growth was primarily driven by the service sector.

BoE: Recovery to push inflation above 3%

The Bank expects high inflation to be ‘temporary'.

Government borrowing eases in May

Tax receipts were £1.7bn higher than predicted.

Research reveals increase in cryptoasset ownership

More holders view them as a legitimate investment.

The economy grew by 2.3% in April 2021

Local holidays and hospitality drove the boost.

Government borrowing surpasses £30bn in April

The data comes from a joint ONS-Treasury report.

Inflation increases to 1.6%

It is a return to pre-pandemic inflation levels.

Economy grew by 2.1% in March 2021

The economy nevertheless shrank over the first quarter.

Queen’s speech promises national recovery

It failed to indulge any specific fiscal policies.