inflationary-pressure
Top StoriesUpper Crust Owner Gets Travel Recovery Boost, but Inflation a Worry
Top StoriesPoundland Owner Sees UK Shoppers Cutting Back on Essentials
Top StoriesUK Unemployment Hits 48-year Low, Pushing up Pay
Top StoriesPrimark to Raise Prices as Cost Pressures Mount
Two-Speed Euro Zone Economy as Services Shine, Factories Struggle -PMI
Date: April 22, 2022
By Jonathan Cable LONDON (Reuters) -Euro zone business growth unexpectedly accelerated this month, with the bloc’s dominant services sector seeing a sharp increase in activity as consumers shrugged off soaring prices, a survey showed. Manufacturers, however, struggled as supply chain disruptions caused by the pandemic have been exacerbated by Russia’s invasion of Ukraine and renewed...
Thg Rejects ‘numerous’ Approaches, Warns on Profit This Year
Date: April 21, 2022
By Paul Sandle LONDON (Reuters) -British e-commerce company THG said it had rejected “numerous” approaches that failed to reflect its value as it warned inflationary pressure would result in broadly flat earnings this year, missing market forecasts by 22%. THG, which has seen its shares plummet 88% in the last 12 months, said it had...
World Shares Rise, U.S. Yield Curve Inverts After Strong Jobs Data
Date: April 1, 2022
By Carolyn Cohn LONDON (Reuters) – World shares bounced and government bond yields resumed their upward climb on Friday on signs of persistent prices pressures, while oil was poised for a 13% weekly fall following reserve releases. U.S. data released early Friday showed employers added 431,000 jobs in March and the unemployment rate fell to...
London-Listed Coca-Cola Hbc Readies Russia Contingencies as Profits Rise
Date: February 23, 2022
By Amna Karimi (Reuters) – Coca-Cola HBC said on Tuesday it had contingency plans to cope with the escalating Russia-Ukraine crisis, as the London-listed soft drinks bottler reported a surge in annual profit driven in part by its large Russian business. It shares tumbled 7% in early trade. The company, one of Coca-Cola’s many bottlers worldwide,...
Price Increases to Help Michelin Exceed Pre-Pandemic Profits This Year
Date: February 15, 2022
PARIS (Reuters) – Michelin expects this year’s profits to exceed pre-pandemic levels, the French tyre maker said on Monday, as it posted better-than-expected 2021 results helped by volume and price increases that offset inflationary pressures. The company expects its segment operating profit to rise to more than 3.2 billion euros ($3.6 billion), above the 3.01...
Why the Bank Rate Should Increase Now – Speech by Martin Weale
Date: July 19, 2011
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