摘要: |
It has been nearly three months since the Russian invasion of Ukraine started, causing countless humanitarian issues and economic Shockwaves, yet ramifications on the business side of matters are only beginning to surface, in some cases acting as a catalyst for further economic strain on world economies. With the UK inflation rate hitting 9% for the first time in more than 40 years, construction and highways businesses are facing raw materials shortages, energy price hikes, wage pressures from staff, and the prospect of dealing with some companies affected by stringent sanctions. Coupled with slow economic activity, the UK economy is now suffering from stagflation - high inflation and weak growth - which will undoubtedly bring further questions to the table. |