British companies reported stable price and wage increases in the latest survey, but rising energy costs are eroding profit margins. The findings suggest persistent inflation pressures as the Bank of England weighs its next move on interest rates.
UK Firms See Price and Wage Growth Steady as Energy Costs Squeeze Margins
British companies reported stable price and wage increases in the latest survey, but rising energy costs are eroding profit margins. The findings suggest persistent inflation pressures as the Bank of England weighs its next move on interest rates.
Maksym Kozlenko · CC BY-SA 4.0 · rights
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