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Inflation risk from Red Sea disruption, warns economist
admin, , Business, 0
Dr El-Erian, president of Queens’ College, Cambridge and chief economic adviser at financial services giant Allianz, told the BBC’s...
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Farmers cut food production as costs soar
admin, , Business, 0
Fertiliser costs began to rise last autumn when the wholesale price of gas, which is needed to produce it,...
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Ikea struggles with supply problems due to driver shortage
admin, , Business, 0
“Like many retailers, we are experiencing ongoing challenges with our supply chains due to Covid-19 and labour shortages, with...
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Lidl joins shops in repaying Covid rates relief
admin, , Business, 0
It follows similar moves by the UK biggest grocers including Tesco, Sainsbury’s and Asda, and will see more than...
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Biden administration threatens tariffs on UK goods in ‘tech tax’ row
admin, , Business, 0
Meanwhile Adam Mansell, head of the UK Fashion & Textile Association (UKFT), called the threat to UK-made overcoats “hugely...
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More pain for renters as landlords look to sell up
admin, , Business, 0
“Interest rate rises are also impacting the rental sector and combined with looming reforms proposed in the government’s Renters...
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Boeing boss to leave as firm faces safety crisis
admin, , Business, 0
Michael Stumo, whose daughter Samya Rose was killed in the 2019 Boeing 737 Max crash in Ethiopia, called the...
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Marmite and PG Tips maker Unilever warns of price rises
admin, , Business, 0
Consumer goods giant Unilever says high rates of cost inflation will continue into next year.
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