Refresh provides updates on the upcoming inflation figures, with market research company Kantar reporting an increase in grocery prices and expectations of higher inflation. Wages have also risen, potentially impacting future inflation rates, leading to predictions that the Bank of England will keep interest rates steady. Analysts forecast a rise in the Consumer Prices Index, citing factors like higher energy prices and increased costs.
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Nissan and Honda hold merger talks
Nissan and Honda are in early talks about a potential merger to create a $52bn Japanese carmaker. The move is aimed at improving competitiveness in the face of growing Chinese EV manufacturers and sluggish consumer demand for EVs. Concerns about job cuts and political backlash in Japan have been raised. The combined company would be the third-largest carmaker globally, behind Toyota and Volkswagen. Nissan has faced financial difficulties and job losses, while Honda has a...
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