Insolvencies fell in 2020, when the government rushed to help businesses survive the pandemic, but they have risen since 2021.Higher demand for goods and services, coupled with supply chain disruption, have all contributed to a tougher environment for firms to navigate.
The latter problem has eased, but the rise in gas and electricity costs was exacerbated by the effects of Russia's war in Ukraine. It has made lighting, heating and production costs more expensive, and companies are under pressure to pass those increases on to customers.How cost of living crisis is biting businessThe tough market was met with a chorus of frustration from businesses who, like consumers, were faced with huge increases to bills - of 600% for some businesses - and demanding action to help bring them down.
Islamic regime is killing Iranian people with heavy gunfire in Sanandaj Please be our voice MahsaAmini
Context, please. Is that a greater or lesser number than a similar period four years ago, to start...
Those businesses must be “anti growth” according to the PM
GNev2 'Growth Growth Growth'.
And the cost of Lockdowns!
Brexit
Incredible that you don’t mention the imminent payback of bounce back loans. Millions of businesses had no access to furlough. Their only option was to take a bb loan. The delayed payment of these loans runs out this month. Hundred of thousands will close.
GNev2 Are these the fabled sunlit uplands we heard so much about? 🙄
Crisis for so many.
GNev2 Hypocrite have a word with your self bit of £ throw your morals away shame on you
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