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Insider UK

Science

John Glover

98% of finance leaders anticipate operating costs to rise in the year ahead - Deloitte

Around 98% of finance leaders anticipate operating costs to rise in the year ahead, a new survey has revealed, according to Deloitte’s UK Chief Financial Officer (CFO) Survey for quarter one in 2022.

Almost half of CFOs (46%) expect these rises to be significant. In light of cost increases, there has also been a sharp deterioration in the outlook for corporates’ margins.

A majority of CFOs (71%) believe operating margins will fall over the next 12 months, compared to 44% in the previous quarter.

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