The economy

Inflation hits thirty-year high

Food prices largest contributor to rising inflation.

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ONS: Workers on payroll increases 0.6%

184,000 more payrolled employees in December 2021.

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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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Business confidence remains flat in November 2021

Concerns about energy costs and employment taxes increase.

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Small business confidence loses steam

State of economy cited as major problem for businesses.

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