Since the vote to leave the EU in June, a raft of major companies including Apple, Unilever and Cath Kidston have revealed plans to increase prices in the wake of the pound losing its value.
Following the referendum, the value of the pound has dropped by 18.5% against the US dollar, leaving companies to hike up prices to counteract cost pressures. It comes as UK inflation increased to its highest rate for two-and-a-half years in December, and the Bank of England warned that households should expect a sharp rise in inflation next year as the weak pound impacts the costs of imports and squeezes family finances.
If you run a small business, we’d like to know how the currency exchange fluctuations are set to impact it and if you’re having to reassess your prices. Maybe the weak pound has already forced you to raise your prices, or perhaps you’re absorbing the costs yourself. Or business is better than ever before.
You can submit your contributions - which can also be anonymous, if you wish - using the online form below. We will report on the results of the survey on the Guardian Small Business Network and may publish an edited selection of the comments across our website and on our social media channels. A star denotes questions you must answer to complete the form.
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