Economic outlook “brighter than expected”, despite slow progress.
UK economy saw no growth in February
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Current Affairs
IMF predicts interest rates will fall to pre-pandemic levels
Interest rates will ease when inflation is under control.
Business confidence rises in March
IoD report suggests UK economy grew strongly.
HMRC late payment interest rises to 6.75%
Late payment rates at highest level since 2008.
Reduced energy bill support puts SMEs at risk
Around 370,000 firms will pay more from April.
BoE raises interest rates to 4.25%
The decision follows an unexpected rise in inflation in February.
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