Inflation & Prices
Most UK Firms Need to Hike Prices Further After Energy Crisis
This article is for subscribers only.
Four out of five UK businesses say that high energy bills will force them to raise prices in the next two years, signaling that the impact for households from Europe’s crisis has yet to subside.
A survey conducted by PricewaterhouseCoopers showed 81% of companies plan to raise the price tag on their products or services, slightly higher than the share of firms that reported doing so over the last two years.