Base rate rises by more than expected.
BoE increases interest rates to 5%
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Current Affairs
Inflation remains the same in May
Falling fuel prices offset by recreation and culture costs.
FSB urges summer support for tourism sector
Recommendations come after predicted boom in ‘staycations’.
Ministers must support HMRC, says CIOT
CIOT’s new president urges Government for more support.
Nearly 800 mortgage deals withdrawn
Lenders are concerned about future interest hikes.
Access to finance limited for SMEs
Low awareness and high borrowing costs limit growth.
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