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Teneo Insights Series UK: What is Ahead for the Consumer in 2023?

April 16, 2023
By Daniel Butters, Jessica Egan, Gee Lefevre, Christopher Nicholls, Duncan Sherriffs, Simon Townsend & Rebecca Leeser

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.


Watch here

The views and opinions in these articles are solely of the authors and do not necessarily reflect those of Teneo. They are offered to stimulate thought and discussion and not as legal, financial, accounting, tax or other professional advice or counsel.

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