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Economy

UK pubs forced to cut discounts and limit menus as costs soar

Two of the UK’s largest pub groups have warned that cost pressures are a “major challenge”...

UK inflation hits 9% in April

UK inflation hit its highest level in more than 40 years in April as soaring gas...

Japan recovery buffeted by Covid restrictions and Ukraine war

Japan’s economy contracted in the first three months of the year as its recovery was hampered...

Economic distress lifts stigma of discussing money troubles

Tulo, an African refugee in the UK, is living in challenging circumstances. She relies on state...

The hunt for Goldilocks: central banks search for neutral rates

Almost all central bankers in the US and Europe agree rates must rise to tackle soaring...

China’s lockdowns hammer consumer spending to reveal toll of zero-Covid

In a typical month, Wu, a 28-year-old office worker from Shanghai who says she usually shops...

China relationship looms over Australian assets

The writer is a former banker and author of ‘Fortune’s Fool: Australia’s Choices’Competing economic and geopolitical...

Japan’s chip industry faces old challenge: scaling up production

Japanese auto parts maker Denso said late last month that it would build a major production...