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UK firms plan price rises as confidence falls to lowest level since Truss budget

www.theguardian.com 06-01-2025 08:48 1 Minutes reading

BCC survey shows growing concern over planned employer tax rises with 55% of companies planning to hike prices

More than half of British companies are planning price rises in the next three months, according to research that found UK business confidence has slumped to its lowest since the chaos of Liz Truss’s brief stint as prime minister.

Of 4,800 businesses polled by the British Chambers of Commerce (BCC), 55% said they expected to increase prices by April, up from 39% in a similar survey in the second half of last year.

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Rolls-Royce to invest £300m in expansion of Goodwo...
08.01.25 12:01
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Rolls-Royce to invest £300m in expansion of Goodwood factory

Luxury carmaker driven to meet demand for bespoke upgrades, after recording third-highest annual sales in 2024

Rolls-Royce Motor Cars has said it will invest £300m in expanding its Goodwood factory in West Sussex to meet the growing demand for bespoke upgrades, after the luxury carmaker recorded its third-highest annual sales in 2024.

The investment will extend the luxury carmaker’s manufacturing facility as it gradually moves away from V12 petrol engines to battery electric vehicles, as well as increasing its capacity to fulfil the whims of some of the world’s richest people.

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