LABOUR shortages and inflation could be cracked if the government invested in boosting childcare support to help parents get back to work, the CBI said yesterday. Tony Danker, head of the influenti…
The government’s funding of childcare currently accounts for less than 0.1 per cent of GDP.
Reckitt Benckiser, which also makes Nurofen headache tablets, says it’s increased prices by 9.8 per cent but price hikes would be lower this year as inflation pressures eased.Caretaker boss Nicandro Durante said that Reckitt’s full year sales have increased 7.6 per cent to £14.5 billion.HOUSE prices fell at their fastest pace for more than a decade in February as higher mortgage costs hit buyers’ demand.
Nationwide’s Robert Gardner blamed the “financial turbulence in response to the mini-budget” which has added around £1,000 to the cost of new home loans. Many buyers can no longer afford a home and others are holding off expecting prices to fall further. Consumer borrowing hit £1.6billion in January, according to the latest Bank of England figures — double the amount borrowed in December and the highest since last June.
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