Current Affairs

Economy inches towards recovery in August

Economy grows by 0.4% in August after -0.1% slump in July.

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IFS: Chancellor may lower spending plans in the Autumn Budget

Spending may be cut to achieve the Chancellor's budget surplus.

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International community strikes global tax deal

Countries worldwide agree to minimum corporation tax rate of 15%.

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HMRC ‘cannot tell’ number of MPAA breaches

Pensions firm calls for better data on £4,000 limit.

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Treasury considers recovery loan scheme extension

The renewed scheme could become less generous to firms.

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Furlough scheme ends after 18 months

Around 1m people were still furloughed.

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Borrowing between April and August less than expected

Monthly borrowing remains above pre-pandemic levels.

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Average UK house price growth slows to 8%

Growth slows as SDLT holiday tapers off.

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Inflation rises in August to 3.2%

End to pandemic-related subsidisation pushes up food prices.

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Economic recovery stalls in July

GDP grows by 0.1% in July 2021.

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