Inflation dismantles plans for investment

Inflation has caused businesses in West and North Yorkshire to effectively dismantle plans for investment, new research from West & North Yorkshire reveals. The Chamber’s Quarterly Economic Survey for the final three months of 2022 showed that significant challenges on costs, recruitment and the value of Sterling persisted to a significantly high degree among both…

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No Signs of Business Recovery – BCC Quarterly Economic Survey Q4 2022   

After significant declines across all business conditions tracked by the BCC in Q3, most indicators have stabilised at a low level.  Profitability confidence remains at Covid-crisis levels; only one in three (34%) businesses believe their profits will increase over the coming year, while more (36%) expect a decline.    Just 33% of firms experienced an increase…

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