“The kinds of price increases that we’re seeing, which is energy and food, those will typically impact those people more. And then the interest rates will also typically impact younger, less educated people more. So….eventually when we come out of all of this, we’re going to see that possibly inequality is going to rise.”
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Asda says some shoppers asking cashiers to stop at £30
admin, , Business, 0
“I would say the most important priority in the short term is to kill inflation, because once inflation gets...
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Coronavirus: Some restaurants extend Eat Out to September
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Image copyright Grosvenor Image caption A Pizza Pilgrims restaurant in Belgravia Some restaurants say they will continue to offer...
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How robots are taking over warehouse work
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“We’re just playing it carefully and ramping slowly over time,” says Mr Matthews. “It’s a deliberate constraint on our...
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Vogue’s new editor says she has ‘big shoes to fill’
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“Back then when I was a teenager, I didn’t have the means to buy designer brands but it was...
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Who is Rishi Sunak?
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“I was just out with my younger brother and younger sister, and I think, probably pretty young, I was...
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These elephants are dying on rail tracks – can AI save them?
admin, , Business, 0
Project manager Ashish Rajput said that the AI system’s cameras, comparable to those used by the Indian Army along...
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Farmers cut food production as costs soar
admin, , Business, 0
Fertiliser costs began to rise last autumn when the wholesale price of gas, which is needed to produce it,...
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Sri Lanka central bank governor submits resignation amid crisis
admin, , Business, 0
With him in charge, the bank said: “Sri Lanka was able to maintain sound and stable macro-economic fundamentals, with...
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