But the OBR, which publishes its economic forecasts twice a year, said Russia’s invasion of Ukraine had “major repercussions for the global economy, whose recovery from the worst of the pandemic was already being buffeted by Omicron, supply bottlenecks, and rising inflation”.
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Julien Macdonald: Welsh fashion designer’s firm goes into liquidation
admin, , Business, 0
“Due to the loss and under-performance of several key contracts, including its main UK retail licensee, along with a...
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Euro falls below dollar for first time in 20 years
admin, , Business, 0
The single currency has been worth more than the dollar for most of its history. It lagged below the...
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Car insurance sees biggest price drop in six years
admin, , Business, 0
He added that the quote an insurer gives you depends on a set of personalised circumstances, including the type...
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Tech stocks slide as Wall Street goes into reverse
admin, , Business, 0
Image copyright Getty Images Image caption Earlier this week Apple’s value reached $2.3 trillion (£1.7tn), more than the combined...
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Prepayment energy customers feeling the strain
admin, , Business, 0
British Gas has the highest number of prepayment customers in the UK and they told the BBC they have...
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Why Hong Kong is still bullish on crypto
admin, , Business, TOP STORIES, 0
The day after his conviction, I was at Hong Kong FinTech Week 2023, a new annual conference hosted by...
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Shein to kick off plans for £50bn UK float – reports
admin, , Business, 0
Online fast fashion firm Shein is planning to file paperwork for a potential London share listing as soon as...
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Covid staff shortages will continue into New Year
admin, , Business, 0
Mr Josephs, which sells fruit and vegetables to businesses such as restaurants, said that before Christmas he had about...
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