Port charges making decarbonisation ‘uneconomical’, says rail freight boss October 19, 2023 The boss of one of the UK’s biggest rail freight operators has bemoaned high loading charges levied by ports as “uneconomic” for the sector.
Tesla: Profits tumble as Musk’s price war hits carmaker’s bottom line October 19, 2023 Tesla has reported a near half slump in its third quarter net income, as Elon Musk’s aggressive price cutting strategy continues.
Ofgem boss reignites calls to reform energy price cap as winter looms October 19, 2023 Ofgem boss Jonathan Brearley has doubled down on his criticisms of the energy price cap, raising doubts over its future role in the market.
Inflation across the world and in the UK will likely be stuck at a higher rate October 19, 2023 The very forces that kept inflation down - the labour market, less defence spending and energy prices - are now keeping it high and will be with us for years to come.
Steady inflation should not set alarm bells ringing at the Bank of England — yet October 18, 2023 After the excitement of August's surprise drop in inflation, September's figures cannot help but feel a bit disappointing.
Inflation remains stuck at 6.7 per cent due to rising fuel prices as Bank of England’s battle continues October 18, 2023 The data will do little to reassure the Bank of England that its task to tackle inflation is over.
Surging gas prices expose cost crisis for consumers this winter October 16, 2023 Gas prices have soared this week, with geopolitical volatility rattling spot markets - but the real concern should be bills not supply shortages.
UK to avoid recession despite Bank of England interest rate rises, EY predicts October 16, 2023 The UK will avoid a recession despite the impact of the Bank of England's interest rate hikes, new forecasts from the EY Item Club say.
Inflation to continue falling despite rising energy prices, experts predict October 15, 2023 Falling food prices are expected to help bring down the annual rate of inflation in September.
Pound slumps as US inflation remains stuck at 3.7 per cent in September October 12, 2023 Sterling slumped after US inflation came in slightly ahead of expectations.