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>3% The Bank of England predicts a rise in inflation of above 3% as Britian’s recovery continues at pace. The rise is likely to be temporary, however, and interest rates are not expected to follow suit.

€1.8bn Visa buys Swedish fintech Tink for €1.8bn as they look to expand upon their current card network. Tink is used by banks across Europe to access consumer financial data. Founded in 2012, the start up now connects over 3,000 banks and 250 million bank customers.

£850k Former money laundering expert, James Edward Thorncroft of Orpington, Kent, has been found guilty of laundering the proceeds of a £ 850,000 scam by a jury at Southwark Crown Court. While it is likely that he did not commit fraud himself, he allowed the Money Service Bureau business to be used by fraudsters to transfer criminal proceeds of an investment fraud to Hong Kong and China.

8 months Is the length of period over which the VAT deferred payment scheme will allow you to make payments. HMRC has said that it will ‘take it easy’ on businesses struggling due to the coronavirus pandemic with the introduction of a new scheme to “take a cautious approach to the execution of government debt”.

£50 Notes in the new polymer style have been issued with a shadow over them. £50 notes have often been refused by smaller shops who often didn’t have the facilities to confirm they were genuine. The new notes, which are now in circulation, are now also under scrutiny after a report estimated that cash use is down 35% following the rise of contactless payment during the pandemic.