4 July 2022
by Caspar Courage, Consultant at SAY
The UK is currently experiencing the highest rate of inflation for more than four decades, we were warned this month. The rise to over 9% on the year has been steadily felt by UK consumers and homeowners and according to the Bank of England, is unlikely to peak until at least the end of the year.
But as the country adjusts its spending, what will the impact be on the Integrated Retirement Community sector, who largely recover fixed charges towards operating their buildings, and how prepared are operators to account for this risk?