Optimism falls as UK factories hit by fastest rise in costs since 1975
CBI’s April survey shows firms planning to pass on increase to consumers
Source: theguardian.com
Stay updated with breaking news from Anna Leach. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
CBI’s April survey shows firms planning to pass on increase to consumers
Anna Leach, CBI deputy chief economist, said pressures facing British manufacturers have been ‘amplified by the conflict in Ukraine’.
CBI calls on Rishi Sunak to use spring statement to help firms facing high energy bills and other pressures
Record high petrol and diesel prices are a growing concern for people and businesses.
According to a CBI survey, more British manufacturers are planning to increase prices over the next three months, more than during any other period since 1976