‘Everything is so expensive’: Rising inflation causes concerns for families and businesses

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'Everything is so expensive': Rising inflation causes concerns for families and businesses

With inflation rising to 3% and expected to increase, both big and small businesses are wary of seeing any growth.

The Bank of England are confident inflation will come as they plan to cut interest rates, but the government has warned of a "bumpy road ahead".

Sky’s business and economics correspondent Gurpreet Narwan talks to one owner who hasn’t given herself a wage in over 18 months in a bid to save costs.

Read more: https://news.sky.com/story/inflation-rises-from-2-5-to-3-official-figures-13312373

#inflation #bankofengland #economy

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Date: February 19, 2025