Welcome to reality, where inflation is rapidly dominating the economy around the world. It is an inevitable phenomenon that no person or organisation can escape.

In 2021, £1 is equivalent to the purchasing power of about £1.06 today. This means that prices are 1.06 times higher than average prices a year ago with no real end in sight.

Financial concern is more prevalent than ever before, as UK inflation hits 9.9%. This exponential growth is affecting almost all industries and has created huge uncertainty within the economy.