Today's business and finance round up 20th May 2022
Stock markets rattled by signs of weakening consumer confidence
20th May 2022
Bite-sized business news from the UK and beyond
Good morning Yesterday the Bank of England released its first book titled ‘Can’t We Just Print More Money?’, it promises to give a crash course in economics by answering 10 questions. It comes after a YouGov survey of 1,600 people in 2020 found public understanding of economic concepts to be 'generally very weak'.
Today's stories
- Stock markets rattled by signs of weakening consumer confidence
- Global fertiliser market faces a crunch
STOCK MARKET
Stock markets rattled by signs of weakening consumer confidence
Other stories to keep you in the loop
- Royal Mail warns it will put prices up again
- EasyJet forecasts return to near pre-Covid flying levels in 2022
- Fevertree shrugs of cost pressures as British hospitality trade recovers
- Klarna faces valuation drop to $30bn as it seeks funding
- US cult hit Impossible Foods lands in UK with meat-free duo
- Sri Lanka defaults on debt for first time in its history
- KPMG warns British corporate giants of big hike in audit fees
- Amazon’s spend on TV and film in UK passes £1bn as Netflix cuts back
- McDonald's restaurants in Russia to reopen under new name after buyer found
- Iceland offers over-60s 10% discount on shopping bill
AGRICULTURE
Global fertiliser market faces a crunch
Stat of the day
There are now more apartments in New York City listed for rent on Airbnb than there are available rental units
Interesting links from around the web
- Where to invest 10k right now
- Why the price of women’s clothes is rising faster than men’s
- We’ve all fibbed in a job interview, here are the lies you can actually get away with
