Ferrari reportedly expanding its facilities for electric and electrified vehicle production. The company is expected to provide more details next week.
face an assault on their spending power. we should underline, this isn t just a problem for the uk, most of the world is facing rising prices right now, but that in itself as a problem because it is hard to see what solution is, because fuel prices, food prices, it pushes everything else up. yes, some of this is cost push inflation, supply shock driven, however those shocks are proving to be more durable than earlier expected because of things like sara coburn policies in china, dampening output again which is products exported, and also the war in ukraine, so there are a series of supply shocks coinciding now to actually basically exacerbate the impact of inflation. i have a feeling we ll talk about this time and again, but for now, thank you, it is good to have you with us, swetha ramachandran, from gam
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
Louis Vuitton, Dior sales jump, defying war and China gloom bworldonline.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bworldonline.com Daily Mail and Mail on Sunday newspapers.