High inflation continues to be a major concern for Humber businesses as another interest rate increase added to the challenges faced as 2022 closed.
Analysis by Hull and Humber Chamber of Commerce has found little in the way of good news to welcome in 2023, as its quarter four economic survey results were assessed.
Conducted in November, with many businesses hoping for a festive boost, the latest set of figures “paint a challenging picture for firms trying to keep their heads above water amid a rising tide of economic gloom,” external affairs director David Hooper said.