Current Affairs

Retail sales volumes drop in December 2021

Sales fell at the fastest rate in 11 months.

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Inflation hits thirty-year high

Food prices largest contributor to rising inflation.

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ONS: Workers on payroll increases 0.6%

184,000 more payrolled employees in December 2021.

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UK economy surpasses pre-pandemic level

November 2021 UK GDP estimate up 0.7% on February 2020.

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Rising concerns about impact of inflation

Survey suggests 24% of individuals are “very concerned”.

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Retail footfall slips amid Omicron concerns

Shoppers limited their in-store trips to avoid COVID variant.

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30% of small firms in late-payments struggle

One in ten say late payments threaten their business.

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New post-Brexit customs rules come into force

Companies trading with the EU face stricter rules.

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Firms want support as customers cancel bookings

Hospitality takings could fall 40% during vital trading period.

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Govt. committee calls for household gas tax

"Tax needed to meet UK net-zero targets".

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