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2nd Sep 2022 15:26U.K., Daily Monitor

  • Ms. Truss has been tight-lipped about her plans, but a
    trade body plan to freeze prices is gaining traction.
  • If implemented, CPI inflation will return to the 2% target in 2023, easing the pressure for further big rate hikes.
  • Firms need help too, though we think Ms. Truss will cut business rates and provide grants, not reduce VAT.

corporation tax cpi cpi inflation credit deficit electricity employees energy energy consumption energy prices fuel government headline rate importers inflation expectations labour motor fuel mpc natural gas negative rates ONS public finances q1 recession rpi rpi inflation tax cut tax cuts trade trade body vat

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Keywords for: 6 Sept 2022 UK Monitor

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