Light at the end of the tunnel: Promising business outlook despite closures

Lincolnshire businesses remain optimistic about their financial future despite numerous closures, a county councillor has claimed.

The Environment & Economy Scrutiny Committee meeting on Tuesday heard that the impact of pandemic-induced supply chain disruption is decreasing, with 59% of businesses reporting no disruption in May of this year, a slight increase from 55% in April. While the future may seem promising, the Conservative councillor underscored the continuing challenges faced by Lincolnshire businesses, primarily inflation and the ongoing cost of living crisis.

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