Firms Warn Time is Running Out to Save UK Economy

The boss of a business lobby group has told the government to get its “house in order” to “save the economy” as firms struggle with higher prices.

Shevaun Haviland, Director-General of the British Chambers of Commerce (BCC), told a conference that time is running out to help the economy grow.

It comes after Bank of England boss Andrew Bailey said soaring inflation could hit the UK harder than elsewhere.

The government said it was supporting firms to “navigate the months ahead”.

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