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.
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Why do companies get involved in social issues?
admin, , Business, 0
“After the reversal of Roe v Wade several weeks ago, we have recognised the need to become even more...
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‘I was embarrassed to tell friends about my business’
admin, , Business, 0
Speaking on A Million by 30 with Sean Farrington on BBC Radio 5 Live, he says the first time...
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US Navy helicopters destroy Houthi boats in Red Sea after attempted hijack
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The four Houthi boats attacked at around 06:30 Yemeni time (03:30 GMT) with mounted weapons and small arms, getting...
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Start-ups frustrated by HMRC’s ‘slowness and lack of communication’
admin, , Business, 0
“There are frequently significant backlogs at HMRC to review applications, which delays the timing of the payment of the...
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Chancellor must do more to help poorest households, charity says
admin, , Business, 0
One of them, former housing minister Robert Jenrick said: “I think household incomes are entering a storm and they...
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Workers call the shots as job vacancies boom
admin, , Business, 0
Daniel Browne, who runs Blossom & Browne’s Sycamore, a laundry service for London hotels, says trying to hire new...
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5,000 people hit by Heathrow flight cancellations
admin, , Business, 0
“Coupled with airport caps, we are taking pre-emptive actions to increase resilience over the balance of summer, including a...
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