The economy

Inflation rises to 9.1%

CPI rate at the highest level for 40 years.

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Economy contracts in April, figures show

Test and trace decline sees GDP shrink by 0.3%.

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£31m investment to help cut emissions

Funding includes aid to move away from gas oil and improve carbon capture.

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Business footfall increases for Jubilee weekend

Overall footfall is still at lower levels than previous years.

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Retail sales volume rose in April 2022

Sales volumes in three months to April continue to drop.

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Recession fears grow amid stagnating economy

Concerns grow as economy shrinks by 0.1% in March.

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UK inflation hits 40-year high of 9%

Macroeconomy now businesses’ number one concern.

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Regular pay tumbles in first quarter of 2022

Only growth in bonuses keeps total pay growth positive.

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