Bank of England Surveys Suggest Energy Shock Isn’t Fueling Wages
UK firms are planning their largest price hikes in over two years but the energy price shock from the Iran war has yet to stir wage demands as anxiety mounts among consumers and businesses, Bank of England surveys showed.
- Prices to expedite Panama Canal crossing skyrocket after Strait of Hormuz closure Associated Press —
- Retail sales jump as motorists stock up on fuel City AM —
- Mondi shares slump over Iran war cost warning City AM —
- IEA sees 'tight' liquefied natural gas markets up to 2027 RTE —
- Businesses dole out up to $4 million to cross Panama Canal during Strait of Hormuz chokehold The Independent —