The latest increase is the highest base rate in 14 years.
Business leader confidence hits its highest level since March 2022.
Britain is expected to be the only G7 country in recession this year.
Non-payment has increased since the Covid-19 pandemic.
Over half of UK taxpayers receive more in benefits than they pay in tax.
Transport costs fall but energy and food prices remain high.
Rising tax burdens and energy bills are also impacting profitability.
MPC votes 6-3 to increase the rate by 0.5%.
The annual inflation rate reduced by 0.4% in the past month.
Recession looms as the economy shrinks in the three months to October.
Government urged to extend support for businesses.
The CBI says the UK will lose ten years of growth if no action is taken.
Businesses showing signs of strain towards winter.
Spending data shows a 33% increase in retail footfall.
Despite a rise in output volumes, production is expected to decline.
New data indicates mortgage rates are returning to normal.
Total tax take for 2021/22 so far is £41.5bn higher than last year.
Rising energy costs considered to be the main contributor.
Soaring inflation affects real-terms pay, despite record wage increases.
The Bank of England introduces its largest hike in 33 years.
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