Huge numbers of North East businesses are worried about inflation and rising energy costs as they try to bounce back from the pandemic, a new survey suggests.
The quarterly survey from the North East England Chamber of Commerce found that around 90% of respondents were worried about both inflation and energy prices, while concerns about staff costs and interest rates were also weighing on business owners.
The survey returned a number of positive findings, with more companies looking to hire permanent staff and sales, exports and investment indicators all in positive territory.