All the day's economic and financial news, as half of UK bosses report that their firms are suffering from the vote to leave the EU
The Brexit vote is also going to drive up prices in the shops this year.
A majority of firms surveyed by the British Chambers of Commerce are planning to hike prices in 2017, due to the slump in the pound last year.
"The depreciation of Sterling in recent months has been the main tangible impact that firms have had to grapple with since the EU referendum vote.
"Our research shows that the falling pound has been a double-edged sword for many UK businesses. Nearly as many exporters say the low pound is damaging them as benefiting them. For firms that import, it's now more expensive, and companies may find themselves locked into contracts with suppliers and unable to be responsive to currency fluctuations.