Chancellor Rishi Sunak must use today’s Spring Statement to protect UK Plc from the intensifying global economic crisis – including bringing in a temporary energy price cap for small businesses, say East Midlands business leaders.
As industry and households brace themselves for spiralling energy and raw material costs, worsened by the consequences of Russia’s invasion of Ukraine, the region’s business leaders say Government intervention could be critical.
It comes as a new Which? survey suggests overall consumer confidence levels were their lowest since October 2020.
