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The latest data confirms that the UK is in the midst of an unprecedented inflationary surge amid accelerating global price pressures, including from Russia’s invasion of Ukraine.

The BCC’s Quarterly Economic Survey (QES) for Q1 2022 shows inflationary pressures on firms reaching levels never previously recorded in its 33-year history.

The Office for Budget Responsibility’s latest forecasts paint a bleak picture of the UK’s economic prospects over the near-term as the drag effect of rising inflation, supply chain disruption and higher taxes weakens key

The Spring Statement falls short of the action businesses needed to see today. While there are some positive announcements that firms will welcome, it did not fundamentally address the huge cost pressures firms are

The latest figures confirm that inflation remains on an historic upward trajectory. This surge will intensify in the coming months as the energy price cap rise, the reversal of the hospitality VAT cut and

While interest rates remain low by historic standards, the latest rise will be viewed by many as a further step in a prolonged period of aggressive monetary tightening at a time when consumers and

The British Chambers of Commerce is urging the Chancellor to take bold and decisive action in his Spring Statement to tackle the escalating cost of doing business crisis.

Russia’s invasion of Ukraine has increased the risk of a recession in the UK by exacerbating the already acute inflationary squeeze on consumers and businesses and derailing the supply of critical commodities to many

UK economic growth is expected to halve this year amid soaring inflation, major tax rises, and global shocks - including Russia’s invasion of Ukraine.