Sarah Hewin, a senior economist at Standard Chartered Bank, agreed, warning that with rising gas prices feeding into higher energy bills, and increasing petrol and food prices, it was “entirely feasible” that inflation could move beyond the 7.5% rate that the Bank of England has predicted for April.
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FTX: ‘Crypto King’ tells judge he acted on legal advice
admin, , Business, 0
But testifying can also pay off. Tom Barrack, a former private equity executive and fundraiser for former President Donald...
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Nightclubs eye June reopening but can they survive?
admin, , Business, 0
Michael Kill, chief executive of the Night Time Industries Association, which represents the sector, reckons that by the time...
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Passport price to rise for second time in 14 months
admin, , Business, 0
In the aftermath of the Covid pandemic hundreds of thousands of people were affected by passport processing delays, with...
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Rishi Sunak sets out how pothole funding from HS2 savings to be used
admin, , Business, 0
Its spokesman, Darren Rodwell, said: “Longer-term, the government should award council highways departments with five yearly funding allocations to...
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Fitch downgrades US credit rating from AAA to AA+
admin, , Business, 0
“In Fitch’s view, there has been a steady deterioration in standards of governance over the last 20 years, including...
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Shanghai lockdown: China’s financial hub set to lift Covid curbs
admin, , Business, 0
Manufacturers in Shanghai, including western car makers Volkswagen and Tesla, have been particularly impacted by the restrictions as staff...
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Supermarket push to cut waste hits food bank donations
admin, , Business, 0
Food charity Fareshare says donations from the major grocers have fallen, just as demand has surged.
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Post Office’s expert gave false evidence to court
admin, , Business, 0
The memo, which summarised a series of meetings about the report, said that if the bug was widely known,...
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