Although exports began to recover from a massive drop in January, over the quarter, the Observatory calculated that, of the worst affected sectors, textiles saw exports fall 63%, food suffered a 36% drop, and the automotive industry saw exports down 20%.
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‘Our collapse would be catastrophic for the war’
admin, , Business, 0
“For the wider world, it’s simple. The price of wheat will continue to rise, the price of corn and...
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JD Sports chairman rejects criticism of £4.3m bonus
admin, , Business, 0
It has also benefitted from an additional £25m in wage support from other countries where it operates. JD Sports...
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Shopping trips set to fuel economic rebound
admin, , Business, 0
EY’s chief economic adviser, Howard Archer, said that the latest forecast suggested the economy would “emerge from the pandemic...
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Russia on brink of default as debt deadline looms
admin, , Business, 0
“They have not got it,” says Jay Auslander, a US lawyer who has worked on many government debt cases....
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Temu shoppers risk buying items made by forced labour, MP warns
admin, , Business, 0
Chloe Cranston from Anti-Slavery called on Temu to provide “full transparency on its supply chain,” while the Chief Executive...
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Ukraine war: Russia to keep key gas pipeline to EU closed
admin, , Business, 0
“That really has huge ramifications for gas in Europe which is about four times more expensive than it was...
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Ukraine war: Russia pledges to give BAE’s business ‘attention’
admin, , Business, 0
But Mr Peskov responded to the decision saying: “We of course see it in a negative light, and any...
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‘I’m stuck in my flat due to £4k service charge’
admin, , Business, 0
Kasun Kalirai feels “stuck”, struggling to sell the flat he loves, that he would never have put on the...
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