Economics
Soaring energy prices force UK company to relocate to the Netherlands
"We're looking at 900 redundancies plus."
Brace for financial crisis-style recession as Bank of England signs off biggest rate hike in nearly 30 years
Decision makers hiked the Bank’s base interest rate in the biggest single rise since 1995, as they tried to control the runaway inflation.
‘It’s getting worse’: Inflation rises to eye-watering 9.4%
Office for National Statistics (ONS) figures show wages now lag behind inflation at 20-year low.
‘Sometimes, reality bites’: Brexit has worsened the cost of living crisis
Stagflation reflects the "realities that Brexit has wrought", economist Adam Posen said.
Russian rouble rebounds to hit near 2-year high vs euro
In March the currency's deprecating value triggered huge queues to withdraw money from ATMs across Russia.
‘Unnerving:’ Economic growth slows as cost-of-living crisis continues to bite
"This an unnerving result for those expecting more consistent recovery in the sector but with the slowest growth in new orders this year, pipelines of work are beginning to look emptier and threaten to affect production in the months ahead.”
Cost of living crisis: Inflation rises faster than expected
The figure had been expected to hit 6.7 per cent in the 12 months to March, but it actually rose to 7 per cent.
Economists voice surprise at lack of support for poorest families from Sunak
“It is an odd choice to have offered basically next to nothing to low-income households in this spring statement," one said.
Russian goods flooded UK at unprecedented rates in month before war
ONS figures also show that exports to the EU decreased by £2.5 billion, a 8.7 per cent drop.