Omicron Variant Disrupts UK Business Sales and Jobs Plans
LONDON (Reuters) – The emergence of the Omicron variant of coronavirus hit British businesses’ expectations for sales, jobs and investment last month, a Bank of England survey showed on Thursday.
The BoE’s Decision Makers’ Panel report showed companies expected to output price inflation to hit 4.5% in the three months to December 2022, up from 4.2% in the November survey.
(This story refiles to remove extraneous word in second paragraph).
(Reporting by Andy Bruce; Editing by Alistair Smout)
