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.”
The message from the Bank of England is that the economy has been hit by supply chain bottlenecks, both...
Image copyright Getty Images Chancellor Rishi Sunak will later unveil a plan aimed at minimising further unemployment as stricter...
There is one cost, however, that has come down: car hire. After spiking higher last summer as operators struggled...
Energy firm Utilita has over 800,000 customers, most of them on prepayment smart meters. At the company’s headquarters in...
Image copyright Getty Images Extreme poverty is set to rise this year for the first time in more than...
“The factors pressuring supply chains and inflation include port delays, container shortages, Covid disruptions, shortages on various components, raw...
About 23 million households in England, Wales and Scotland have their bills governed by the energy price cap. That...
Mick Whelan, general secretary of Aslef, which represents train drivers, said its members “don’t want go on strike” but...
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