There remains a lot of talk and speculation around the future of the UK and the businesses trying to find their way through the proverbial mist to survive the barrage of energy, food and labour increases which have become part of every day life and trading.

Food inflation is now a common and ongoing concern for businesses and consumers alike. December 2022 marked the 11th consecutive month of double-digit inflation after a year of intense inflationary pressures for foodservice businesses.

One development which has caught EP by surprise in recent weeks and months has been the call from many for the return of the promotion on entrepreneurs, for the advocacy for what can be learnt from sports players and for the importance of internal cultures.

This question was posed last week, in conversation, by a former leading CEO from the 1990s who argued that business accidently created its own destructive cycle whereby it rewarded senior executives’ higher incentives and rewards for stronger results and shareholder returns.