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ICAEW Insights in Focus podcast

Surviving the cost-of-doing-business crisis

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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.

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Philippa Lamb


  • Simon Gray, Head of Business, ICAEW
  • Katy Davies, Managing Director, CamdenBoss


Natalie Chisholm

Episode first published: 6 October 2022

Podcast recorded: 29 September 2022

All views expressed on this podcast are those of the contributors and don’t necessarily reflect those of ICAEW or its members.