Business Digest: Mamas & Papas to open at Poole store this week

Bournemouth Echo

Business Digest

Good morning

There’s been plenty of troubling economic news lately, but today you may have woken up to the word “apocalypse”.

The governor of the Bank of England, Andrew Bailey, warned MPs that there was a “very real income shock” coming from energy prices, while food price rises were looking “apocalyptic”.

The bank believes inflation is likely to peak at more than 10 per cent in the final quarter of this year, while figures for earnings make it clear that households all over the country are finding it tough.

There’s no denying the data, but local news brands like the Daily Echo can at least point you to the bright points in the business world, as new companies start and thrive in tough conditions. And we can bang the drum for businesses and their staff when their concerns need to be listened to.

Let me know how you're doing among all this insecurity. You can email or find me on Twitter and LinkedIn.

Have a great day.

Darren Slade

Business editor

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