Inflation holds at 3% but businesses need support as they brace for possible future rises
East Midlands Chamber is urging policymakers to give greater support to the region’s firms amid fears that inflation, unchanged at 3%, could rise later this year due to the conflict in the Middle East. The latest estimated figure from the Office for National Statistics covers the 12 months to February and remains above the Bank of England’s 2% target. East Midlands Chamber Director of Policy and Insight Richard Blackmore said: “A rise in inflation later in 2026 is not something […]
