Lords report warns of BoE’s ‘addiction’ to QE
The programme financed the majority of COVID-19 support.
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.