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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Warning cost of living fund closure ‘catastrophic’
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Councillor Shaun Davies, chair of the Local Government Association, says closing the fund risks more households falling into financial...
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Telegraph Media Group set to be put up for sale
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“The decision… follows numerous discussions with B.UK’s parent company, Penultimate Investment Holdings Limited (PIHL). The aim of these discussions,...
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Fed raises interest rates to highest in 22 years
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“We think they’re at a point where the Fed funds rate is restrictive enough to slow the economy, slow...
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Biden signs ‘once-in-a-generation’ $1tn infrastructure bill into law
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The other bill, known as the Build Back Better Act, still faces an uncertain future in Congress. Progressive Democrats...
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Airline adverts banned over ‘greenwashing’ claims
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Lufthansa responded that the purpose of the ad was to address the need to reduce the impact of flying...
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‘Redundancy floodgates will open’ says Unite union
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Image copyright Dan Kitwood The Unite union has called on the government to say it will extend its furlough...
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Inflation measure shake-up amid Jack Monroe row
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“However, if there were a change in quality, for example, from a value brand to premium brand, or from...
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Will there be a national rail strike?
admin, , Business, 0
The 15 train companies RMT are balloting are: Chiltern Railways, Cross Country Trains, Greater Anglia, LNER, East Midlands Railway,...
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