High tax receipts drive better than expected borrowing figures

Public borrowing £2.7bn below forecasts for June.

Company insolvencies remain high

Insolvencies up 27% on previous year.

Falling petrol prices cause inflation to fall to 7.9%

Inflation reaches lowest point in over a year.

Four in ten taxpayers unable to speak to adviser over phone

Taxpayer satisfaction with HMRC services falls.

Interest rate rises deliver biggest wealth fall for households since World War II

High rates could end 40-year wealth boom.