UK’s supply chain crisis hits business growth and consumer confidence – business live

Rolling coverage of the latest economic and financial news

• Latest: UK Steel says PM should bang heads together over energy crisis
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• BDO: Output growth across UK businesses lowest since lockdown
• PwC: Consumer confidence hit by inflation, energy crisis and HGV driver shortages
• Energy crisis: Treasury reprimands Kwarteng after help for firms claim

Heathrow is still a lot quieter than before the pandemic, but is hoping that the easing of travel restrictions will provide a boost.

The UK’s largest airport reported this morning that September passenger levels were below 40% of pre-pandemic levels.

“The UK is still taking a cautious approach, still requiring testing for anyone coming into the country, but this is a good step ahead and people can start to plan their business trips, their holidays, visiting the families they haven’t seen for a long time, with confidence, including going to wonderful places like South Africa.”

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from The Guardian https://ift.tt/3oVqSEF