In the month of the King’s coronation, confidence had increased for nearly half (44%) of our respondents, up from 41% last month – not that the coronation had anything to do with it, as far as we know. And it’s unlikely the economy would have either. It remains smaller than pre-Covid levels by 0.5%, growing only 0.1% between January and March. And now, the Bank of England has increased interest rates to 4.5% in an attempt to put the break on rising prices.

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