This article is an extract from our monthly newsletters. Sign up to receive our full newsletters. CBI chief calls for cost-of-living help for people on lower incomes HMRC issues £14 million in penalties for minimum wage offences Inflation hits 40-year high of 9% Charity warns lowest income households will wait longest for council tax rebate Almost 66,500 filed self assessment returns on 6 April Pension regulator running spot checks on UK employers Inflation takes its toll as UK economy contracts in March New law to protect access to cash announced in Queen's Speech Shoppers slow spending as consumer confidence dips FSB finds one in three business owners suffered COVID-related mental health decline Bank of England warns UK economy to shrink as interest rates rise Drop online passwords to foil hackers Number of firms in critical financial distress rises sharply MPs consider changes to help tackle increasing cost of living