The message from the Bank of England is that the economy has been hit by supply chain bottlenecks, both for goods and workers, pushing back the time when the economy regains all the lost pandemic growth into early next year. And while the inflation picture is now worse, with a forecast peak of 5% when the energy price cap is due to be further increased in April 2022, there is not much the Bank thinks it can do about the global drivers of this.
Indian billionaire Gautam Adani has been charged with fraud in the US, which has accused him of orchestrating a...
Rivalia prefers to work with existing waste products as opposed to coal that has not yet been burned. This...
The real focus, however, is a long list of drinks that involve various permutations of caffeine, sugar and colours...
EasyJet’s revenues plunged due to government travel restrictions in most of its markets, the airline said.
But faced with supply chain issues, it has decided to prioritise its big sellers at the expense of milkshakes....
Core inflation, which strips out the price of energy, food, alcohol and tobacco, remained unchanged in July at 6.9%....
“The Russia-Ukraine war has added further fuel to the blazing rate of inflation via higher energy, food, and commodity...
“While electric car drivers may not be immune from the rocketing price of wholesale energy – most notably gas,...
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