Rolling coverage of the latest economic and financial news, as Treasury Committee prepares to quiz BoE officials this morning
UK property demand declines as house prices in England fallSunak should expand free childcare to tackle workforce shortages, says CBI
Consumer goods maker Unilever has warned that cost inflation will continue this year, which will concern the Bank of England as it tries to tackle the cost of living.
Unilever, which makes Marmite, Hellmann’s mayonnaise and Magnum ice creams, has already hit consumers with higher costs in the shops.
“Unilever delivered a year of strong topline growth in challenging macroeconomic conditions. Underlying sales growth was 9.0%, driven by disciplined pricing action in response to high input cost inflation
Continue reading…Rolling coverage of the latest economic and financial news, as Treasury Committee prepares to quiz BoE officials this morningUK property demand declines as house prices in England fallSunak should expand free childcare to tackle workforce shortages, says CBIConsumer goods maker Unilever has warned that cost inflation will continue this year, which will concern the Bank of England as it tries to tackle the cost of living.Unilever, which makes Marmite, Hellmann’s mayonnaise and Magnum ice creams, has already hit consumers with higher costs in the shops.“Unilever delivered a year of strong topline growth in challenging macroeconomic conditions. Underlying sales growth was 9.0%, driven by disciplined pricing action in response to high input cost inflation Continue reading…