The boss of the East Midlands Chamber of Commerce said the Chancellor failed to address the looming cost-of-doing-business-crisis in his mini-budget.
Chief executive Scott Knowles said it was clear from the Chancellor’s warning about the ‘unusually high uncertainty’ around the economic outlook, coupled with rising inflation, that businesses and households should prepare themselves for spiralling price rises.
But he said: “Despite acknowledging these challenges, there wasn’t anything significant for firms to grasp as a potential route out of a renewed economic crisis that still lingers on the horizon.
