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Business News

The latest Business and Finance news making the headlines in the UK

Bank of England faces dilemma after holding interest rates

The Bank of England has held the base rate of interest rate at 3.75%, but now faces a dilemma, according to the British Chambers of Commerce (BCC).

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UK economic security at risk, says business group

The British Chambers of Commerce (BCC) has warned the government that the UK's economic security is at risk, and has urged it to prioritise security after ten years of geopolitical shocks.

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Business rates system 'major brake on investment and growth'

The Confederation of British Industry (CBI) has warned that the UK's business rates system poses a 'major barrier' to UK growth and competitiveness.

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Higher fuel, energy and food prices could linger following Iran war

Government ministers have warned that higher prices for fuel, food, energy and flights could linger following the end of the US-Israel war with Iran.

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UK borrowing tumbles to lowest level in four years

Figures published by the Office for National Statistics (ONS) have revealed that UK borrowing has fallen to its lowest level in four years.

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Sentiment among UK manufacturers has 'deteriorated sharply'

Sentiment amongst manufacturers in the UK has 'deteriorated sharply', according to research carried out by the Confederation of British Industry (CBI).

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Inflation rate rises to 3.3%

The UK rate of inflation rose to 3.3% in the year to March, according to the latest figures from the Office for National Statistics (ONS).

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Pensioners urged to be alert to Winter Fuel Payment scams

HMRC is warning pensioners to be on high alert for scams as the recovery of Winter Fuel Payments begins this month.

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Pension wealth statistics 'overstated inequality between old and young'

Flawed pension wealth statistics have overstated the inequality between the old and young, research published by the Institute for Fiscal Studies (IFS) has shown.

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