UK consumer price inflation falls to 0.8pc, with utility prices driving fall M&S takes £52m hit from Covid-19 Rolls-Royce to cut 9,000 jobs due to downturn Sunak warns ‘more hardship to come’ as jobs market faces ‘severe recession’ Ambrose Evans-Pritchard: A Calvinist wealth seizure is utter madness Markets Hub embed test Auto update On Off 8:56AM Snap analysis: Will Rolls-Royce’s job cuts be enough? Rolls-Royce’s announcement that it is cutting “at least” 9,000 of its 52,000 staff worldwide is no surprise, writes my colleague Alan Tovey . […] 8:35AM Inflation: What the experts say Here’s some snap reaction from economists to this morning’s inflation data. […] 8:05AM UK inflation falls to lowest level since 2016 UK inflation slowed in April, hitting its weakest level since 2016 as the lockdown sent shockwaves through the British economy. […] Mr East warned it could close factories outright as it faces up to a drop in demand for its jet engines over the next few years.
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