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Birmingham Post
Birmingham Post
Business
Graeme Whitfield

North East businesses cite inflation and energy costs as rising concerns

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.

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