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BBCNEWS World Business Report July 7, 2024



economic crisis? plus, when working from home is just too expensive could soaring energy bills drive a mass return to the office for the first time since the pandemic? hello. we start with the cost of living crisis here in britain because the boss of one of the uk s top energy suppliers has told the bbc the government must act now to protect customers from soaring bills or face catastrophe this winter. ovo energy ceo stephen fitzpatrick has been talking to our business editor simonjack about their own ideas for supporting households. he said it felt like the past 12 months had been wasted despite the scale of the crisis becoming increasingly apparent. and he called on the uk s new prime minister to take action as soon as they are appointed next week. if we don t start working on this first thing on monday when we have a new government, a new prime minister this has to be the first order of business. and if we don t use every available moment over the next 12 ....

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Sri Lanka: Over 16 local canned fish factories closed – ICSF

Sri Lanka: Over 16 local canned fish factories closed – ICSF
icsf.net - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from icsf.net Daily Mail and Mail on Sunday newspapers.

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Analysis: A Year Later, Sri Lanka's Tentative Economic Recovery Eludes The Poor

Analysis: A Year Later, Sri Lanka's Tentative Economic Recovery Eludes The Poor
menafn.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from menafn.com Daily Mail and Mail on Sunday newspapers.

Sri Lanka , United States , France General , Sri Lankans , Kamal Padmasiri , Ranil Wickremesinghe , Shiran Fernando , Gotabaya Rajapaksa , Rehana Thowfeek , Paris Club , World Bank , International Monetary Fund , Advocata Institute , Ceylon Chamber , European Union , Colombo Based Advocata Institute , President Gotabaya Rajapaksa , Welfare Benefits Board ,

Analysis-A year later, Sri Lanka's tentative economic recovery eludes the poor

A year after angry Sri Lankans stormed the president's residence and forced his ouster during a meltdown of the economy, the island's streets are calm, there are no serpentine queues at fuel stations and hours-long power cuts have ended. The central bank expects the economy to resume growth this quarter after six quarters of contraction - faster than expected by many economists - while overseas remittances are surging and tourist numbers are rising. "Stability is somewhat there but what it means is no extreme shortages, no fuel queues, and no 13-hour power cuts," said Rehana Thowfeek, an economist at the Colombo-based Advocata Institute think tank. ....

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