Wall Street Hits Pause On Return To Offices
As coronavirus cases once again climb in New York, financial firms continue to grapple with when they can realistically return to business-as-usual.
Browsing Tag
Omicron
UK Boxing Day Sales Expected To Plunge Amid Omicron Concerns
New data suggests that retail sales will slump on Boxing Day regardless of the potential introduction of new measures, with London luxury department store Harrods having started its usual post-Christmas sale 10 days early to pull in as much…
Growth At UK Firms Slowed By Omicron
Growth in private sector activity slowed in the last quarter of the year as labour shortages and rising costs continued and some coronavirus restrictions were reintroduced to tackle the emergence of the Omicron variant.
Bank Of England Raises Interest Rates To 0.25% Amid Soaring Inflation
In a bid to tackle soaring inflation, the Bank of England has increased UK interest rates from record lows of 0.1% to 0.25% for the first time since the beginning of the coronavirus pandemic.
UK Pubs And Restaurants Fear “Plan B” Will Lead To 40% Cut In Festive Takings
Pubs and restaurants across the UK are expecting that Christmas cancellations made following the introduction of new measures to reduce the spread of the Omicron variant will see their festive takings cut by up to 40%.
