UK Economic Data - Coal price surge, power squeeze hits China's economy, global supply
18-10-2021 03:12
Power shortages helped drive down China's economic growth to its slowest in a year, while surging coal prices on Monday threaten more pain for Chinese industry and global supply chains. Companies in ...
Ex-Bank of England adviser warns raising interest rates to control 'temporary' inflation would be a 'disaster' with the US and UK already facing going back into recession
David Blanchflower said the increasing 'mood music' that rates are about to be lifted was 'foolish' as price rises coming through the system now are almost certainly 'terribly temporary'.
‘Just teething troubles’ Michael Caine backs Brexit Britain as shortage crisis rocks UK
Speaking about Britain's troubles in the post-Brexit era the actor said: “Oh, that’s teething trouble, it’s obviously not going to go well immediately." However, the actor changed his tone about the ...
UK bond yields soar as investors anticipate interest rate rise; China’s growth slows – business live
Rolling coverage of the latest economic and financial news ...
China’s economic growth stalls after power shortages
China’s economic growth is sinking under pressure from a construction slowdown and power shortages, prompting warnings about a possible shock to its trading partners and global financial markets.
