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Alice Haine

Alice Haine

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Articles

February’s inflation reading was higher than expected as fuel, energy and food costs to the British consumer rose. EPA
UK inflation hits 6.2% in 30-year high

Chancellor Rishi Sunak faces growing pressure to ease cost-of-living crisis

BusinessMarch 23, 2022
Alice Haine
The business is just days away from needing a government bailout from the UK’s specialist administration regime. EPA
Gazprom UK trading arm’s bosses seek buyout as insolvency nears

British government also preparing to temporarily run UK unit of Russian energy firm

EnergyMarch 22, 2022
Alice Haine
The government borrowing figures come ahead of Mr Sunak’s Spring Statement on Wednesday when the focus will be on how he can ease the cost of living pressure. Bloomberg
UK borrowing higher than expected in February

Rising inflation caused interest payments to increase by more than 50%

BusinessMarch 22, 2022
Alice Haine
British cosmetic company UpCircle creates skincare products with leftover natural ingredients such as used coffee grounds. AFP
A wealth of waste: how the UK is giving a new lease of life to everyday items

Small companies are leading the charge to turn throwaway habits into a circular economy

BusinessMarch 18, 2022
Alice Haine
Britain's total household waste increased to 22.6 million tonnes in 2020 from 22.1 million tonnes in 2019. AFP
Why everything you think you know about recycling is rubbish

'The Rubbish Book' author James Piper is on a mission to help consumers recycle more effectively

BusinessMarch 18, 2022
Alice Haine
The Bank of England has raised its key interest rate for the third time since December as it pushes ahead faster than other central banks to combat a global wave of inflation driven by soaring energy prices. AP
Bank of England raises interest rates to 0.75%

Central bank expects inflation to hit about 8% in April and peak later in the year

BusinessMarch 17, 2022
Alice Haine
OECD Secretary General Mathias Cormann said the economic and social fallout from the UKraine conflict "is unlikely to be a short-term challenge". EPA
OECD: Ukraine war to shave more than 1% off global growth in 2022

Crisis will cause severe economic shock of 'uncertain duration and magnitude'

EconomyMarch 17, 2022
Alice Haine
A Deliveroo bag and bike are parked near Victoria Station in central London. The group said it benefited from further strength in its key UK business, where orders increased by 72 per cent. AFP
Deliveroo losses rise to £298m despite pandemic boost

Food delivery company expects a 15% to 25% increase in the value of its transactions this year

BusinessMarch 17, 2022
Alice Haine
The number of job vacancies hit a record high of 1.318 million in the three months to February, underscoring the labour shortage facing many UK employers.
UK unemployment falls below pre-pandemic rate but pay squeeze hits hard

Jobless rate down to 3.9% from 4.1% in previous quarter

EconomyMarch 15, 2022
Alice Haine
Marks & Spencer and more than 40 other major brands will offer jobs to Ukrainian refugees. Reuters
Major British companies offer jobs to Ukrainian refugees

Marks & Spencer, Asos and Robert Walter among top brands opening doors to those fleeing war

BusinessMarch 14, 2022
Alice Haine
Passengers at Heathrow Airport Terminal 5 in London. About 2.8 million passengers travelled through the UK hub last month, 15 per cent below its forecast. PA
Heathrow passenger numbers still depressed as Ukraine delivers fresh crisis

Aviation’s recovery overshadowed by war and Covid uncertainty, says airport chief

BusinessMarch 11, 2022
Alice Haine
Piccadilly, central London. Britain's gross domestic product grew 0.8 per cent on the month in January, after a 0.2 per cent decline in December. PA
UK economy in surprise bounce-back before Ukraine war

Challenges to come, analysts warn, with rising inflation set to trigger interest-rate rise next week

BusinessMarch 11, 2022
Alice Haine
Middle East investment in Britain’s commercial property landscape is forecast to be 33% higher in 2022 than last year. EPA
Middle East investors set to snap up $1.5bn in UK commercial property in 2022

City of London office assets a key target despite Britain's stuttering back-to-work drive

BusinessMarch 11, 2022
Alice Haine
A combine harvests wheat in a field in the UK. UK farmers who managed to store grain over the winter months are securing high prices for grain they sell now, but challenges remain. Reuters
UK farmers cash in on wheat prices as Ireland grows more grain

Challenges lie ahead for the sector as fertiliser prices skyrocket

BusinessMarch 10, 2022
Alice Haine
Christine Lagarde says the ECB will not raise interest rates until some time after it has ended its bond buying at the end of the third quarter. AFP
ECB scales back stimulus despite Ukraine war uncertainty

Governor Christine Lagarde says central bank is in no rush to raise interest rates

BankingMarch 10, 2022
Alice Haine
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