Inflation is a major concern for FY26, driven by higher raw material costs and domestic pressure. The depreciation of the Chinese Yuan and geopolitical tensions are also contributing factors.

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Copper and aluminum prices are higher than they were in 2023 due to issues with supply, raw material availability and import costs. Labor shortages remain a persistent problem in construction.

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UK long-term borrowing costs have hit their highest level since 1998. The unwanted milestone for the Treasury's coffers was reached ahead of an auction of 30-year bonds, known as gilts ...

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