Top 20% of earners pay majority of all income tax
Over half of UK taxpayers receive more in benefits than they pay in tax.
Over half of UK taxpayers receive more in benefits than they pay in tax.
Transport costs fall but energy and food prices remain high.
Rising tax burdens and energy bills are also impacting profitability.
MPC votes 6-3 to increase the rate by 0.5%.
The annual inflation rate reduced by 0.4% in the past month.