US recession fears hit markets; Aldi to open more UK stores as profits more than double – business live

US recession fears hit markets; Aldi to open more UK stores as profits more than double – business live

Business, Stock markets, FTSE, Economics, China, UK news, World news, Aldi Business | The Guardian

​Rolling coverage of the latest economic and financial newsEconomic slowdown worries hit the oil price last week, sending it to its lowest level in almost 18 months.This morning, though, Brent crude has gained almost 1%, rising to $71.10 per barrel.“It’s still tough out there for millions of families but inflationary pressures are easing for some.“For others, it’ll be a decision not to use hospitality but to celebrate at home instead.” Continue reading… 

Rolling coverage of the latest economic and financial news

Economic slowdown worries hit the oil price last week, sending it to its lowest level in almost 18 months.

This morning, though, Brent crude has gained almost 1%, rising to $71.10 per barrel.

“It’s still tough out there for millions of families but inflationary pressures are easing for some.

“For others, it’ll be a decision not to use hospitality but to celebrate at home instead.”

Continue reading… 

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