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UK businesses jack up prices at record pace amid cost onslaught

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A vortex of soaring energy, fuel and staffing costs lured services firms to jack up prices in a bid to survive an assault on their margins, according to a closely watched survey (Photo by Peter Summers/Getty Images)

UK services businesses are hiking prices at the fastest pace in history to cope with an onslaught of swelling costs.   

A vortex of soaring energy, fuel and staffing costs lured services firms to jack up prices in a bid to survive an assault on their margins, according to a closely watched survey.

More to follow.