In this Insights in Focus episode, we discuss the major challenges facing UK businesses, including energy costs, recruitment and retention of staff, and wage inflation.
Recent headlines haven’t made easy reading. A recession looms, inflation continues to rise, and sterling plunged following the ‘mini-Budget’ on 23 September.
Understandably, businesses are nervous. ICAEW’s Business Confidence Monitor for Q3 2022 found business sentiment turning negative for the first time since late 2020. Businesses in all sectors and regions reported a ‘cost-of-doing-business’ crisis.
To explore what comes next, host Philippa Lamb is joined by Simon Gray, ICAEW Head of Business, and Katy Davies, Managing Director at manufacturer CamdenBoss.
ICAEW inflation hub
ICAEW energy crisis hub
ICAEW Business Confidence Monitor
ICAEW analysis and reaction to the mini-Budget
Simon Gray, Head of Business, ICAEW
Katy Davies, Managing Director, CamdenBoss
Episode first published: 6 October 2022
Podcast recorded: 29 September 2022