And events costs are set to climb higher through the remainder of 2023 and into 2024, due to inflationary pressures. Joining me now is suzanne neufang, whos the ceo of the Global Business travel association. Welcome, good morning. Is this a surprise . Its been awhile since pandemic now. I a surprise . Its been awhile since pandemic now. A surprise . Its been awhile since pandemic now. I wish it were. Since pandemic now. I wish it were but since pandemic now. I wish it were. But in since pandemic now. I wish it were. But in shortterm since pandemic now. I wish it were. But in shortterm memory, were. But in short term memory, just a year ago we were still really from omicron variant s. So we did expect last year that it would be a slower recovery so we were delighted at this time time last a great deal of this you will show another 32 . We added last year at about a trillion us dollars and we should get about 1. 4 trillion as you say by the end of 2024. Are there any areas in particular
Thats down from 3. 9 in the three months to november. It marked the lowest level seen since the November 2022 to january 2023 period. Wage growth slowed again in the britishjobs market. But and this is key it is still outpacing price rises, according to the office for national statistics. Lets hear now from michael stull, director at manpowergroup uk. Michael, what are you expecting to see a little later on . Im always very excited for when the numbers come out. Im expecting a couple of things, one is i do think unemployment will take up a little bit, as you mentioned wage growth is going to slow. We will see vacancies down and underlying all of that in the Labour Market we have two bosses, a cold and hot going on. On the cold and hot going on. On the cold side we have sent a dropping, weve seen hiring slowing down and we are not out of the woods. We are blue business and consumer confidence. Manufacturing pmi is a very low, big into caters. 0n the hot side we see a lot of hiring going
germany s public transport network will be at a near stand still today as two of the country s largest unions strike in an ongoing dispute over pay. workers walked out shortly after midnight for 2h hours. two of the country s largest unions which are demanding significant pay rises for their workers want to increase the pressure on employers ahead of another round of negotiations. there ll be all but no trains, planes or ferries in operation after workers walked out, and motorists have been warned that staff who maintain motorways and repair road damage after accidents are also on strike. damage after accidents let s are also on strike. talk about the impact of all let s talk about the impact of all of this. joining me now is christian schulz, deputy chief european economist at citi. they seem huge. what sort of impact will the strikes today across germany? impact will the strikes today across germany? well, good morning- across germany? well, good morning. everything
we really demonstrated that we could reform our country during the war and i think it is a huge success for us. the second increasing gdp during the war and we have morejobs, more people come back. that is great. we thank kristalina georgieva, that you will support us financially. it is important during this challenging people and it means that ukraine is strong and not alone. i m joined now by justin urquhart stewart, founder of the investment platform regionally. good morning. lovely to see you. this is a critical week for ukraine. we have president zelensky in washington, hoping to get vitalfunding zelensky in washington, hoping to get vital funding through congress but later this week the eu summit takes place, the last of the year where they will be discussing their aid for ukraine for zelensky and for ukraine for zelensky and for the economy this is very important. it for the economy this is very important- for the economy this is very important. it is vital because th