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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E.On boss: Remove green levies to cut energy bills
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Glenn Rickson, head of European power analysis at S&P Global Platts Analytics, told Reuters: “The outage is going to...
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Strategies to close the pandemic gender gap at work
admin, , Business, 0
Unemployment caused by the pandemic has disproportionately affected women and now as restrictions ease many are not returning to...
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HMRC will close tax helpline for half the year
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Angela MacDonald, HMRC’s deputy chief executive, said: “Changing our services to encourage customers to self-serve online wherever possible will...
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Four Gupta steel firms face winding up orders, say reports
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The Community, Unite and GMB unions, who represent the steel industry, said in a joint statement: “This action by...
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eBay sellers can no longer use PayPal under new terms
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EBay, for its part, says the direct debit scheme adheres to the same rules any other direct debit, such...
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Alison Rose: The bank boss caught up in the Nigel Farage row
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Earlier this year, she pocketed a bumper payout of more than £5m on the back of strong profits, receiving...
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Tesco, Sainsbury’s and rivals say they are not making too much money
admin, , Business, 0
Food prices rose by 14.6% in the year to June, according to the British Retail Consortium (BRC), which represents...
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Ikea to buy back used furniture in recycling push
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Image copyright Mikhail Tereshchenko Image caption Ikea will soon be selling pre-used versions of some of its best sellers...
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