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Podcast: Beyond Currency
Episode: 16 February 2023 - High food prices keep inflation close to 40 year high
Description: The Bank of England is facing criticism from small business owners, who see plenty of support being offered to individuals to help them cope with rising interest rates and the cost of living crisis but little being done to support their businesses that are suffering from significantly higher operating costs.
Having watched the Central Bank hike interest rates consistently since the end of 2021, Small and Medium Enterprises have had to deal with not just the effects on their markets of Brexit, but a cost of living crisis that hits them equally hard as individual households.
They made representations to Downing...