Dr El-Erian, president of Queens’ College, Cambridge and chief economic adviser at financial services giant Allianz, told the BBC’s Today programme: “Relative to what would have happened otherwise, we will see higher inflation, higher mortgage rates and lower growth.
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Shipping boss: ‘Christmas will be safe’ from shortages
admin, , Business, 0
Mr Skou estimated that approximately 300 large container ships around the world are sitting waiting outside ports. Almost 80...
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Felixstowe port says HGV shortage a factor in container logjam
admin, , Business, 0
Shipping giant Maersk says it is diverting cargo from Port of Felixstowe due to congestion.
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The race to produce rare earth materials
admin, , Business, TOP STORIES, 0
Rivalia prefers to work with existing waste products as opposed to coal that has not yet been burned. This...
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The insect farmers turning to AI to help lower costs
admin, , Business, 0
Some 5,000 miles away in Lithuania, insect farm software provider Cogastro is also working on an AI-based system. It...
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Asda in cheap food promise after Jack Monroe complaints
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She criticised Asda for discontinuing some budget products, such as a bag of rice sold online for 45p and...
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Arcadia: Buyers to ‘pick over carcass’ of Topshop owner, says former boss
admin, , Business, 0
Topshop owner Arcadia on brink of collapse
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Moody’s boosts view of UK after mini-Budget chaos
admin, , Business, 0
The three main credit ratings agencies cut their assessments of the UK’s creditworthiness in the wake of the disastrous...
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Inflation: Fuel, milk and eggs push prices up at fastest rate in 40 years
admin, , Business, 0
Meanwhile, Rachel, who uses the Community Pantry on Hurst Farm in Derbyshire where you pay £5 for membership and...
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