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Today's business and finance round up 19th May 2022

Inflation approaches double digits

19th May 2022

Bite-sized business news from the UK and beyond

Good morning Inflation is at its highest level in 40 years, but how you experience it depends on things like how much you drive, eat out or travel. This guide puts together questions that estimate your personal rate.

Today's stories

  • Inflation approaches double digits    

  • Demand for luxury watches continues to soar

ECONOMYInflation approaches double digits

Other stories to keep you in the loop

  • Covid loans: Blunders in tackling fraud to cost UK taxpayers billions of pounds

  • World Bank pledges $12bn to support low-income countries hit by shortages

  • Burberry downplays impact of Chinese lockdowns despite shut stores

  • Shell boss faces investor rebellion over £13.5m pay package

  • Pharma Bro’ released from prison early

  • Britain’s biggest ever EuroMillions winners to go public

LUXURYDemand for luxury watches continues to soar

Stat of the day

The average age of those starting a business in the UK last year wass 35 years old

Interesting links from around the web

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