The Government has got to take more action to stop the UK economy going into a recession as inflation continues to rise, according to the boss of one of the UK’s biggest Chambers of Commerce.
Scott Knowles, chief executive of East Midlands Chamber, echoed what many others have said, urging the PM and Chancellor to do more to protect industry and families facing growing hardship.
It comes after the Office for National Statistics reported that inflation was at 9 per cent in the 12 months to April, up from 7% in March – the highest it has been for 40 years. Many have called on the Government to bring in an emergency budget to help.
