- Bank: Interest rates could rise
- Uncertainty over economy
- Farmer's beg for prices help
As Vladimir Putin's barbaric assault drags on, the financial hit for UK families and firms looms larger.
Diesel hit a record-breaking 170p a litre yesterday and research suggests energy bills will soar at least 14 times faster than wages this year.
Experts say the Bank of England is "highly likely to raise interest rates.
Office for National Statistics figures yesterday showed the economy recovering from Covid, with gross domestic product growing 0.8% in January, after December's 0.2% contraction. But Chancellor Rishi Sunak, left, warned any momentum could be lost, saying: “Russia's invasion of Ukraine is creating significant economic uncertainty."
There are also fears fallout from the conflict could lead to rising costs for businesses, weaken consumer confidence and even put the economy into reverse.
This story is from the March 12, 2022 edition of Daily Mirror.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber ? Sign In
This story is from the March 12, 2022 edition of Daily Mirror.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber? Sign In
VIRGIL HOMES IN ON GLORY
Van Dijk says Slot's decision to allow players to stay with family the night before games is paying off for his Anfield table-toppers
DON'T WAIT FOR WAND DIRECTION
Amorim: There's no magic fix for what ails us, but I know we WILL improve
SARR CAN HELP EAGLES SOAR
Townsend: A good Christmas & Palace can finish in the top half
COLE FIRE
Blues boss Maresca wants MORE from Palmer
RUSSELL'S ALL SET TO SHINE FOR NEW SIDE
OLLY RUSSELL didn't mind changing his Christmas routine because it means he's up and running with new club Wakefield.
LUKE EYES A DOUBLE..NOT A 50!
Humphries wants to repeat last year's world title triumph but is not planning to keep going like Gary Anderson
LOSS MUST BE A LEADER
DEFEAT for Lossiemouth at Kempton today would \"dent\" connections' belief in the mare's ability to capture the Champion Hurdle in March.
BOB TO SLAY HIS RIVALS IN XMAS CRACKER
IT'S the time to be Good at Christmas and get your reward on Wetherby's traditional Boxing Day card.
It's a big deal knowing you've got somewhere to get your head down
Hi-tech pods offer lifeline to get people off the street
This script left me a wreck..even my teen son cried at it
BBC legal drama's Christmas special
