Chancellor resists demands for more subsidies despite cost of living crisis
What is the chancellor going to do when figures charting Britain’s economic growth in February show the recovery from the pandemic was almost at a standstill before the invasion of Ukraine had started?
Shopping and eating out became popular again after the restrictions put in place to deal with the Omicron outbreak were eased. Bookings at arts and entertainment venues increased. And the banking, insurance, legal and accounting sectors experienced another month of solid expansion, no doubt allowing City firms to repeat in 2022 the stellar bonuses paid to staff last year.
