The City View: P&O Ferries in hot water, and the Fed and BoE hike rates

Today Andy Silvester returns to host The City View — he chats to Morning Wire’s Economics and Markets reporter Jack Barnett about the Fed and Bank of England’s rate hikes, and the Monetary Policy Committee statement that further tightening of monetary policy may be needed in the next few months.

Andy also takes us through the headlines: P&O Ferries have controversially axed 800 members of staff via video conference; Deliveroo has reported losses of £131m in 2021; and Ocado shoppers are spending less than last year.