Here are some of the top business stories making the national headlines this morning.
UK only major economy to shrink in 2023 – IMF
The UK economy will shrink and perform worse than other advanced economies as the cost of living continues to hit households, the International Monetary Fund (IMF) has said. Find out more via the BBC.
Rising public support for unions despite widespread strikes, Sky News poll suggests
Support for trade unions is rising even though strike action is bringing public services to a standstill, Sky News polling shows.
Electric vans startup Arrival to cut 800 jobs amid focus on US market
The British electric vans startup ‘Arrival’ is cutting 800 jobs, about half its remaining workforce, to reduce costs as it seeks extra funding and plans US expansion to take advantage of green energy subsidies, reports The Guardian.
Germany on cusp of recession despite Olaf Scholz saying country will avoid one
Germany has fallen into recession, experts have warned, after official data revealed a surprise slump at the end of last year. Find out more via The Telegraph, here.
Taxpayers have until the end of Tuesday to submit self-assessment forms
Taxpayers have until the end of Tuesday to submit their self-assessment returns. Find out more via the Evening Standard.
