Omicron halts growth of haulage sector as firms issue price hike warning


UK haulage experienced its first loss in momentum for four months in December, as the Omicron variant stalled economic growthLloyds Bank’s recovery tracker showed 10 of 14 sectors monitored saw an expansion in output, but the overall pace of the UK recovery slowed towards the end of 2021. Transportation, which includes airlines and rail operators as well as hauliers, recorded its weakest output growth since August last year. In contrast, several manufacturing sectors monitored by the tracker registered strong month-on-month […]