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Evening Standard
Evening Standard
Henry Saker-Clark

YOU WONT BELIEVE: Firms predict faster increases in prices amid middle east conflict - What They Never Told You

Inflation is expected to have remained at 3% in February (Alamy/PA) -

UK firms have said they expect to increase prices more quickly as they come under pressure from surging energy prices linked to the Iran war, according to Bank of England data.

The central bank’s latest survey of finance bosses across UK companies also highlighted growing uncertainty over the business outlook.

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