Our News

The latest news and other information from PRBG, our members and partners

Park Royal Business News – June 2023

Summer is upon us and whilst temperatures may be rising, the good news is that inflation has dropped to 8.7%. The Bank of England expects it to fall further to around 5% by the end of this year, and then hopefully meet the target of 2% by 2024.

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Park Royal Business News – April 2023

The constant pressure to reduce spending remains a priority for you all despite inflation being down slightly at 10.4 %. Supply chain security continues to be an issue along with Employment & Skills, and staff retention generally.

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Park Royal Business News – February 2023

As usual, Park Royal businesses have hit the ground running in the new year and whilst there are still challenges, such as the IMF predicted 0.6% contraction to the UK economy, there are many reasons to be positive.

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