Two in three UK firms expect to raise prices in Christmas run-up, poll finds

BCC warning comes as Greggs flags price pressures amid surge in fuel and energy costs

Nearly two-thirds of UK manufacturers expect to raise their prices in the run-up to Christmas after being hit by mounting cost pressures, a leading employers' group has said.

The British Chambers of Commerce said inflation expectations had risen to their highest since its records began at the end of the 1980s, with 62% of industrial firms planning price hikes over the next three months.