The planned recruitment of the British company since 2020, the Boe survey showed

British business has the weakest recruitment intention since 2020 and expects the fastest consumer price inflation since the beginning of 2024, according to the Bank of England survey on Thursday which highlighted the challenges faced by the central bank.

The decision maker panel survey shows that the business in three months until September is expected to remain stable for the next 12 months, for the first time from three months until November 2020 which they did not expect to improve staff.

One more volatile month data shows the hope of an increase of 0.5% over the next 12 months after a 0.5% decrease in August.

The business surveyed in September hoped that consumer price inflation rose 3.5% over the next 12 months, the fastest increase since December 2023. The average expectation of three months showed the expected increase of 3.4%, at most since February 2024.
Source: Reuters