Current Affairs

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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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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'Most young workers lack savings to buy a first home'

Saving 5% of earnings for 5 years will allow just 11% to buy average home.

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Business confidence remains flat in November 2021

Concerns about energy costs and employment taxes increase.

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HMRC reminds traders of new customs controls

Full customs controls will come into effect on 1 January 2022.

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