News in Review

“Online sales were hit particularly hard due to lower levels of discretionary spending” As expected, the latest data set from the Office for National Statistics (ONS) highlighted that consumer spending, impacted by rising costs, led to a reduction in UK retail sales throughout March. As people tightened up on non-essential spending, retail sales volumes fell […]

News in Review

“We are facing a crisis on top of a crisis” Speaking in Washington DC prior to the release of the International Monetary Fund’s (IMF) biannual World Economic Outlook this week, Managing Director Kristalina Georgieva previewed her thoughts on the global economy. Opening her speech, she declared, “To put it simply: we are facing a crisis […]

News in Review

“This will reduce our dependence on power sources exposed to volatile international prices we cannot control” During a week when the news agenda was again dominated by harrowing scenes from Ukraine, the government unveiled its long-awaited Energy Security Strategy. The new plan places renewed emphasis on nuclear power along with an increase in wind, hydrogen […]