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.
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.
In this podcast series a panel of guests dissect the latest headlines and provide expert analysis on the top stories from across the world of business, finance and accountancy.
Content series exploring how chartered accountants are helping to tackle some of the most urgent social challenges within the UN Sustainable Development Goals.
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