Chancellor insists the Government “stands ready to do more”.

Macroeconomy now businesses’ number one concern.

Only growth in bonuses keeps total pay growth positive.

Fears of recession as monthly GDP contracts.

Budget demanded due to rising costs for businesses.

Bank of England announces interest rate rise to tackle cost of living.

Rising costs hinder business growth plans.

Statistics show consumer spending slowed.

ONS figures show pre-COVID levels exceeded.