Subsiding Omicron wave helped factory activity rebound last month in most major economies, but the Ukraine conflict is pushing oil, commodity, food, and shipping prices even higher.
Historically low mortgage rates are fuelling a boom in house prices across the EU, raising concerns at the European Central Bank. But the bank can only issue warnings and recommendations.
To protect profits and keep customers in record-high inflation, European supermarkets are in extended negotiations with packaged food manufacturers like Nestlé and Knorr.
High inflation leads to concerns about how organisations price products, but it can have several “second- or third-order effects” that organisations should consider and attempt to mitigate through risk management.
The National Cyber Security Centre said Monday that organizations in the United Kingdom should take steps to shore up their cyber resilience due to a heightened risk of cyberattacks related to Russia’s invasion of Ukraine.
Business leaders and analysts expect delivery bottlenecks and freight prices to ease in second half of this year, but supply chains may still not return to pre-pandemic days.
Policy objectives advocated for by the Association of International Certified Professional Accountants figured prominently in the UK government’s plans for spreading economic opportunity announced Wednesday.
Business, government, and other leaders polled by the World Economic Forum name extreme weather events as the most severe short-term threat to organisations, while failure to act on climate change is the most pressing long-term concern.
From surging energy and food prices to the $1 trillion wipeout in China’s tech and property sectors, here’s a roundup of key events that affected global financial markets in 2021.
The support package includes grants up to £6,000 for each hospitality and leisure premises and additional aid of £30 million for cultural organisations.