Rolling coverage of the latest economic and financial newsAO World warns of product shortages, rising price and shipping costsElectricals retailer flags poor availability of certain productsFirm made £10m pre-tax loss in first half of financial yearBai…
UK economic recovery to be slower than expected; pandemic worries weigh on euro – business live
Rolling coverage of the latest economic and financial newsIntroduction: EY cuts UK growth forecastsInflation and supply chain disruption to hit growthPound touches 21-month high against euroAll new buildings in England to have electric car charge point…
UK petrol stations show ‘very tentative signs of stabilisation’, says transport secretary – business live
Rolling coverage of the latest economic and financial news, as the UK’s supply chain crisis continuesLatest: Grant Shapps says ‘signs of stabilisations’ in petrol storageShapps: don’t fill up water bottles with fuelIntro: More queues and shortages at p…
European Central Bank slows pandemic stimulus; US jobless claims at pandemic low – business live
Rolling coverage of the latest economic and financial newsLatest: ECB slows PEPP stimulus programmeLagarde: The lady isn’t taperingGrowth and inflation forecasts nudged upEarlier:More UK firms struggle to find workers, as costs riseLack of candidates a…
Bank of England’s Saunders says interest rates may rise next year – business live
Rolling coverage of the latest economic and financial newsLatest: Cleaning company McBride hit by raw material cost surgeIntro: China’s exports beat forecasts in August, up 25.6%Trade accelerates despite virus and supply chain disruptionAnalyst: Christ…
Weakest UK August car sales since 2013 as supply shortages bite – business live
Rolling coverage of the latest economic and financial newsLatest: August car sales hit eight-year lowIntroduction: Car sales dropped last month, preliminary data showsGerman factory orders jump, thanks to shipbuilding demandUK labour crisis could last …
US job creation slows sharply in August as Delta variant hits economy – business live
Rolling coverage of the latest economic and financial newsEarlier:Latest: Wall Street drops as jobs growth stumblesUS jobs creation much weaker than forecast, just 235kAugust slowdown after over 1m new hires in JulyDelta variant hits leisure and hospit…
Iceland boss: Christmas at risk from HGV driver shortages and supply chain crisis – business live
Rolling coverage of the latest economic and financial newsLatest: Iceland boss warns that supply chain crisis threaten ChristmasNeed to put HGV drivers on skilled workers list, he saysRichard Walker: Self-inflicted wound after BrexitEarlier:Supply chai…