The global surge in oil prices created by Russia’s military action in Europe and the subsequent sanctions placed on its oil exports would seem to present a huge opportunity for US producers. So why isn’t shale oil responding to higher prices with increased production? Presented by @CME Group: https://www.cmegroup.com/openmarkets/openmarkets-the-economists/2022/Four-Complex-Supply-Chain-Challenges-To-Just-In-Time-Delivery.html?utm_source=youtube&utm_medium=paid_social&utm_campaign=quicktake_econ&utm_content=more_insights
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Boris Johnson’s plans to slash the number of civil servants by 91,000 – around 20% – within three years, will leave Whitehall unable to handle the huge extra workload caused by Brexit, independent experts and unions have warned the government. They say such a reduction would leave the state too small to cope with the […]
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The logistics sector has expanded by 190,000 employees since 2019 and has driven the creation of a further 125,000 jobs in regional economies, research suggests. The sector, with its focus on transporting goods to consumers, is one of the fastest-growing in Britain because of the popularity of online shopping, which boomed over the course of […]
Kwasi Kwarteng is contemplating a support package for steelmakers and other manufacturers struggling to cope with rising energy costs. The business secretary is exploring whether the government could exempt heavy industrial manufacturers from network charges. These are included in bills to help to maintain and upgrade Britain’s network of gas pipes and electricity cables that […]
A fifth of companies expect that the cost of living crisis will be worse for their business than the pandemic, a new survey has found. The biggest threats facing businesses over the next six months are rising energy costs and inflation and disruptions to the supply chain, which have been worsened by lockdowns in China, […]