The programme financed the majority of COVID-19 support.
Lords report warns of BoE’s ‘addiction’ to QE
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Current Affairs
Inflation rate sees fourth month of consecutive growth
Rising prices coincides with unlocking of UK economy.
Bank of England warns of insolvency crisis among SMEs
Insolvency timings will coincide with end to Government support.
UK GDP grows by 0.8% in May 2021
Growth was primarily driven by the service sector.
COVID-19 loans hit total value of £80 billion
BBLS applications accounted for the majority of claims.
Post-pandemic job exodus could cost businesses up to £17 billion
The cost equates to £10,076 per business.
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