CBI calls for support on energy costs as country will be in recession throughout much of 2023
Britain’s factory output is falling at its fastest rate in more than two years amid growing signs that rising inflation has pushed the economy into recession.
At a time of severe cost pressures and weaker demand for their goods at home and abroad, companies responding to the monthly survey by the Confederation of British Industry (CBI) said they expected no let-up in the tough trading environment in early 2023.
CBI calls for support on energy costs as country will be in recession throughout much of 2023Britain’s factory output is falling at its fastest rate in more than two years amid growing signs that rising inflation has pushed the economy into recession.At a time of severe cost pressures and weaker demand for their goods at home and abroad, companies responding to the monthly survey by the Confederation of British Industry (CBI) said they expected no let-up in the tough trading environment in early 2023. Continue reading…
