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

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Nederland Nieuws Nieuws

Nederland Laatste Nieuws,Nederland Headlines

Businesses shutter on Lincoln High Street, yet the county's tourism industry and broader business outlook rebound

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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Nederland Laatste Nieuws, Nederland Headlines