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Stock markets set to fall, Bank of England deputy governor warns; Trump threatens UK with ‘big tariff’ over digital services tax – business live

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Sarah Breeden explains ‘I’m not saying it will happen today, tomorrow, in 12 months’ time’, but system needs to be resilient

Japan’s Nikkei share index has ended the week at a new closing record high.

Stocks rallied as enthusiasm over earnings reports from the technology sector trumped anxiety over the Middle East conflict.

“Across the business, we have however experienced increased energy, raw material and logistics costs. We are actively responding with pricing actions.

“While there is a customary lag, we expect the impact of these price increases to take full effect in the third quarter of this year.”

Continue reading…Sarah Breeden explains ‘I’m not saying it will happen today, tomorrow, in 12 months’ time’, but system needs to be resilientJapan’s Nikkei share index has ended the week at a new closing record high.Stocks rallied as enthusiasm over earnings reports from the technology sector trumped anxiety over the Middle East conflict.“Across the business, we have however experienced increased energy, raw material and logistics costs. We are actively responding with pricing actions.“While there is a customary lag, we expect the impact of these price increases to take full effect in the third quarter of this year.” Continue reading…