Alpesh Paleja, lead economist at the CBI, a business lobby group, said: “Near-term challenges to the outlook have ramped up since, with a growing cost-of-living crunch set to weigh on growth,” he said. “Businesses are also grappling with headwinds from the Ukraine conflict, which is exacerbating cost pressures and supply chain disruption.”
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Buckingham Group construction company on brink of collapse
admin, , Business, 0
Buckingham Group had a turnover of £665m in 2021 and said despite “very strong commercial performance across most of...
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New home and car insurance rules mean change in prices
admin, , Business, 0
James Dalton, from the Association of British Insurers, said: “While the FCA recognises that these changes could lead to...
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IMF openly criticises UK government tax plans
admin, , Business, 0
The UK government proposals will work at “cross purposes” with the cost-of-living fight, the IMF says.
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UK house prices fall at sharpest rate for 14 years, says Nationwide
admin, , Business, 0
Robert Gardner, chief economist at Nationwide, said: “A prospective buyer, earning the average wage and looking to buy the...
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Covid: Travel firms reject ‘overly cautious’ green list
admin, , Business, 0
“Travellers will have an expectation that these new government rules should protect their health and their money, yet serious...
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Will Nadhim Zahawi change tack on the economy?
admin, , Business, 0
He acknowledged both he and the prime minister wanted a “low-tax, high-growth economy, and world class public services”, but...
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Fujitsu sacked boss at height of Horizon scandal
admin, , Business, 0
Fujitsu, the company that built the flawed Horizon IT system, sacked a top boss at the height of the...
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Rishi Sunak warns of tough few months as inflation soars
admin, , Business, 0
“There are desperate stories behind these figures,” Dame Clare Moriarty, the charity’s chief executive, said. “People washing in their...
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