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On this edition of Business Weekly, we’re looking at the US inflation rate. It has hit 7% year on year, the largest rise since 1982. Used car prices and food costs are shooting up. We hear from Wells Fargo Economist Sarah Watt House and Gerald Daniels, an Associate Professor of Economics at Howard University who specialises in the economics of inequality. The BBC’s Ed Butler looks at the recent protests in Kazakhstan and we have a look inside the UK trials into psychedelic drugs for patients suffering with depression. Plus, we browse the shelves of ultra rare whisky, and hear why, and how, some parts of the Scottish industry are booming. The BBC’s Elizabeth Hotson talks to both keen collectors, and dedicated producers. Business Weekly is presented by Sasha Twining and produced by Clare Williamson.

It’s just over a year since the UK’s trading relationship with the EU fundamentally changed. So how are small businesses in Britain finding life outside the single market and customs union? The BBC's Vivienne Nunis speaks with chocolate-maker Jacques Cop of Coco Caravan and Kathleen May from the London-based independent publisher, Hurst, as well as Sally Jones, trade strategist at EY. Image: Hand drawing a red line between the UK and the rest of the European Union. Credit: Getty

Why can't multinationals like KFC source their ingredients locally? A shortage of fries at KFC restaurants in Kenya has led many to call for a boycott of the chain after it transpired that the company imported all of its potatoes, despite them being abundantly grown in the country. Potatoes are Kenya's second-most consumed crop after maize, and are cultivated mostly by small-scale farmers. As Covid hits global supply chains and words like sustainability and climate gain greater importance, is it time for multinationals to start looking closer to home for their goods? Kathambi Kaaria is a climate change and sustainability advisor in Nairobi and comes from Meru, a potato growing region of Kenya. She told Tamasin Ford that when KFC arrived in the country eleven years ago she tried to supply them potatoes. Leonard Mudachi, the CEO of a Kenyan restaurant management company Branded Restaurants Africa Ltd, said he wasn’t surprised to learn that KFC imports its chips but does think that multinational companies should start scrutinizing how and where they get their produce from. John Quelch is the Dean of the Miami University Herbert Business School in the United States. He told Tamasin that the issue for a major international brand is the quality and consistency of locally sourced produce and that one mistake by one supplier can lead to a massive fallout for the companies. (A boy looks at potatoes for sale in a market in the Kibera slum in Nairobi, Kenya; Credit: Spencer Platt/Getty Images)