Fears of recession as monthly GDP contracts.
GDP fell by 0.1% in March 2022
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Fears of recession as monthly GDP contracts.
Budget demanded due to rising costs for businesses.
Bank of England announces interest rate rise to tackle cost of living.
Rising costs hinder business growth plans.
Statistics show consumer spending slowed.
ONS figures show pre-COVID levels exceeded.
Sales decreased compared to March 2021.
Figure expected to grow further this month.
New figures suggest steady economic growth.
Chancellor’s speech expected to be “policy-light”.
Bank rate back to pre-pandemic level.
Employment rate hits 75.6%.
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