The Governor of the Bank of England arrives in Hull to address the business community this week, with pressures on prices a major worry for many.
Rising interest rates to combat inflation, increasing raw materials costs, pay settlements and finance costs are all adding up to what has been described as a “torrid time for firms” - with the war in Ukraine bringing more challenges to supply chains.
Andrew Bailey will speak at a Hull and Humber Chamber of Commerce event on Friday, with the results of first quarter analysis just published.
