“The government needs to think beyond next few years by investing in public infrastructure, education, healthcare, in the green transition. The result will eventually be higher growth, but it takes a while, at least a couple of parliaments,” he added.
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Nike and Costco warn of product shortages and delays
admin, , Business, 0
“The factors pressuring supply chains and inflation include port delays, container shortages, Covid disruptions, shortages on various components, raw...
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Sunak says he ‘firmly believes in lower taxes’ despite April increase
admin, , Business, 0
“The chancellor may say he ‘believes’ in low taxes in his lecture – but the hard facts are that...
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Amazon to pay billions to prevent Christmas shortages
admin, , Business, 0
Chief executive Andy Jassy said Amazon expected to “incur several billion dollars of additional costs” as it managed its...
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Warning cost of living fund closure ‘catastrophic’
admin, , Business, 0
Councillor Shaun Davies, chair of the Local Government Association, says closing the fund risks more households falling into financial...
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Borrowers’ pain eased as lenders cut mortgage rates
admin, , Business, 0
Andrew Montlake, of mortgage broker Coreco, said: “How long continue remains to be seen, and whilst rates could...
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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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Hospitality is ‘bearing the brunt’ of tier pain
admin, , Business, 0
Covid: Pub industry warns it faces ‘darkest of moments’
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UK economic outlook has deteriorated, Bank of England warns
admin, , Business, 0
While the Bank said the UK’s banking sector was well-placed to cope with a severe downturn, it said banks...
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