The economy

Interest rates rise to 1.75%

UK forecast to fall into recession this year.

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SME growth drops by 20% amid shrinking business confidence

Cost of living crisis making it harder for SMEs to grow.

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PM candidates set out tax plans

Truss and Sunak clash over tax policy.

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UK CPI inflation reaches 9.4%

June marks the ninth consecutive rate increase.

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Wages fall due to cost of living crisis

ONS data shows the fastest rate decline since 2001.

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Families receive first cost of living payments

First instalments being paid out from a £37 billion support package.

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AAT: Give SMEs further tax relief

Small businesses say they need support to reach their goals.

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