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Page 37 - ஒன்றுபட்டது கிஂக்டம் விருந்தோம்பல் News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Firms plead for help as they brace for triple whammy of rising costs

UK debt warning  Interest payments on Britain’s £2.2trillion national debt pile could rise to a post-war high if inflation surges out of control, a major international banking body has warned. The Government could end up forking out around £100bn every year on servicing its debt, the Bank for International Settlements (BIS) indicated in its annual economic report, if interest rates were increased to ‘levels in the mid-1990s’ to combat rising inflation. Currently, the UK is spending around £45billion a year on interest, after borrowing spiralled last year to cover the costs of the pandemic. Despite this the sector faces a £92million business rates bill in July, and will be asked to contribute to the cost of furloughing staff.

Covid: UK cases spike 62% in a week to 26,068 but deaths drop to 14 amid calls to go quicker

Covid: UK cases spike 62% in a week to 26,068 but deaths drop to 14 amid calls to go quicker
dailymail.co.uk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from dailymail.co.uk Daily Mail and Mail on Sunday newspapers.

Pubs in 68 per cent sales boost with indoor dining return

Pubs in 68 per cent sales boost with indoor dining return
warringtonguardian.co.uk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from warringtonguardian.co.uk Daily Mail and Mail on Sunday newspapers.

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