The current challenge - UK is coming out of the socio-economic impacts of BREXIT, COVID and the recent Ukraine crisis
World (and UK) emerging out of the pandemic – Rising prices outpaces invasion of Ukraine as the primary worry
Household spending on discretionary items has seen a significant cut as has savings
Consumer Sentiment and Confidence remains low
Energy policies are being rolled out to limit the impact of energy price however there is still uncertainty
Inflation likely to peak by end of the year
Natural gas prices are at an all time high
The current scenario in UK remains worrying, however a very early hint of stability is being observed by some
Considering the Net Zero targets are continuing to be below the mark, it is difficult for the government to consider withdrawing or stopping funds for programmes falling under the scheme