The UK narrowly avoided recession in 2022, and the most recent forecasts for 2023 suggest a shallower recession than was anticipated last November. Although inflation is forecast to fall, the UK economy still faces a number of challenges, including rising interest rates, wage pressures driven by inflation and a tight labour market, and continued volatility in input costs.
Teneo’s Dan Butters, Jess Egan, Gee Lefevre, Chris Nicholls, Duncan Sherriffs and Simon Townsend join Rebecca Leeser for a thought-provoking discussion on Teneo’s UK Economic and Consumer Outlook paper as well as the “smoke and mirrors” behind reported like-for-like trading and the availability of debt and equity capital for consumer-facing businesses in light of recent market volatility.
