Inflation holding at 2.8% will help reassure business
The East Midlands Chamber has said inflation holding at 2.8% will reduce anxiety for firms, amid what has been a challenging trading climate. The latest estimated figure from the Office for National Statistics covers the 12 months to May 2026. East Midlands Chamber Director of Policy and Insight Richard Blackmore said: “While still above the Bank of England’s 2% target, firms will welcome inflation having held steady, when it was widely expected to increase. For those looking to borrow, there […]