The economy

‘Eat out to help out’ pushes inflation to five-year low

Consumer prices fell 0.2% from 1% in July.

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Audit reforms ‘need urgent resolution’

Group calls on the Government to deliver change.

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HMRC reveals up to £3.5bn furlough claims paid in error

Around £1.75 billion and £3.5 billion could have been wrongly paid out.

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House purchases plummet in Q2 2020

Fewer than a million customers now on a payment deferral.

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Low deposit mortgage deals fall amid pandemic

In September mortgage deals fell 26.7%.

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Economic hit ‘less severe than feared’

Bank of England’s first forecast since the pandemic hit.

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IFS: ‘Tax rises may not be imminent’

Think tank predicts a third phase of recovery.

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UK economy fared worse than feared in Q1

ONS revises down its previous estimate by 0.2%.

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House sales fell by 50% in May 2020

46,230 homes sold as COVID-19 restrictions impact the housing market.

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UK economy fell by a fifth in April

Unparalleled figures recorded as a result of lockdown.

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