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Current Affairs

Employers fined for underpaying workers

Companies failed to pay £2.1 million to 34,000 workers.

Think tank predicts cut to UK’s tourism trade deficit

The deficit was £30.5 billion in 2019.

Reduced furlough support jeopardises jobs

One in five employers are likely to make redundancies.

Mortgage borrowing hits highest-ever monthly level

Borrowing stood at £17.9 billion in June 2021.

Most firms 'confident they can pay off debts'

One in five remain unsure about their debt repayments.

DWP hit with £87.9m IR35 tax bill

HMRC demanded bills over historic contractor assessment errors.

Retail sales figures improved in June 2021

The proportion of retail sales fell in the same period.

Hospitality sees promising recovery in spring

Business confidence in the sector remains low, however.

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

The programme financed the majority of COVID-19 support.

Inflation rate sees fourth month of consecutive growth

Rising prices coincides with unlocking of UK economy.