US recession risk climbing
The path to avoid a recession in the US, the world’s largest economy, is starting to narrow. Inflation remains red hot – the annual rate was 8.3% in April, compared to 8.5% in March, according to the US Department of Labor – while signs that the economy is weakening continue to mount.Eviction moratorium expiry opens door to two years of unresolved rental debt disputes
The moratorium on commercial tenant evictions due to non-payment of rent during Covid-19 lockdowns expired last month (25 March), opening up a two-year backlog of unresolved rental debt disputes between landlords and tenants.UK inflation soars, labour market tightens and retail sales lose momentum
The UK annual inflation rate surprised to the upside again with a new three-decade high CPI point of 7% in March, compared to 6.2% in February, according to new data by the Office for National Statistics (ONS) published on Wednesday 13 April.Chancellor promises to ease inflation as biggest fall in living standards since the 1950s looms
Chancellor Rishi Sunak promised to ease the burden of surging inflation across the UK economy in his Spring Statement yesterday with a series of headline-grabbing policies, as UK households were warned the biggest fall in living standards since the 1950s is looming.Bank of England walks monetary policy tightrope: inflation fears trump recession risk for now
The Bank of England (BoE) raised interest rates for the third consecutive meeting last week, signalling to markets that taming inflation and containing second-round effects remains its priority. The Monetary Policy Committee (MPC) increased the base rate from 0.50% to 0.75%, resetting interest rates to pre-pandemic levels.European airlines braced for oil shock impact after surviving pandemic turbulence
European airlines can expect an uneven recovery in air passenger demand this year as the industry calibrates recovering international demand with near-term geopolitical headwinds which have already caused fuel costs to spike, disrupted airspace access and increased currency volatility. There are downside risks to recent air traffic demand forecasts.Find the right professional using the below dropdowns. Our reach covers the globe with a network of over 300 offices.
Or, browse by location