this is the business stories from around the world, and i will try and pronounce that correctly in a let s start with a stark warning from the governor of the bank of england. andrew bailey has warned the uk and many other countries are facing apocalyptic food prices, due to supply problems caused by the war in ukraine. bailey warned inflation could hit 10% by the autumn, well above the central bank s 2% target. uk inflation is currently at 7%, which is its highest level in 30 years. another sign of the rising cost of living was shown at petrol pumps yesterday, with one litre of diesel costing £1.80, which is a record high. joining me now is swetha ramachandran, an investment manager at gam investments. thank you for being with us, we know that rising prices are a huge problem, but it really did underlinejust how bad huge problem, but it really did underline just how bad this could get without warning from the bank of england just yesterday. yes, indeed, and there are lots o
within the organisation can maybe get into higher paid roles within the organisation, so a lot of employers are looking at the nonwage benefits to address the challenge. i was uuite to address the challenge. i was quite taken to address the challenge. i was quite taken by to address the challenge. i was quite taken by productivity - quite taken by productivity figures that were put out by the ons recently saying that as we emerge from the pandemic we are all a bit more productive which is good news insomuch as generating growth. what does it mean forjobs? if existing staff are more productive, doesn t mean we need fewer them? the irony is that i think that the investments in order ovation, digitisation allows businesses to scale the offering, as you do that you probably. we are seeing this, these studies undertaken before covid, especially when analysts were looking at kia technology. you are creating more scale and demand, so you still need to scale even if you are in the manufact