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  • Today's business and finance round up 20th May 2022

Today's business and finance round up 20th May 2022

Stock markets rattled by signs of weakening consumer confidence

May 20, 2022

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 MARKETStock 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 

AGRICULTUREGlobal 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

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