'Lost generation' of businesses struggle with rising inflation and energy bills

The rising cost of living is set to affect up to half of all small businesses, with 15% concerned they could fold completely.

The Federation of Small Businesses has warned of a "lost generation" of businesses, as they grapple with inflation and rising energy bills.

#skynews #costofliving #business

[johnrussell]

How many voted for Brexit because they where told we could run our country better from outside?
Where is the evidence of it?

[jamiehobson]

But according to liz truss we as workers don't graft enough anyway.

[coraltown]

Food prices will rise dramatically this winter, due to plummeting agricultural production in the northern hemisphere, due to heat waves and drought. Buckle up, stock up.

[beardedbloke]

Everything is having a knock on effect. Surging cost of living means that people are spending less, which means that businesses suffer leading to job losses and business failures. The cycle continues. It's unsustainable and the government better get a grip before it wrecks society at large. I walked into town today after ages and was shocked to see so many shops and businesses permanently closed including those that have been around for decades.

[Satan]

Its ok everyone, this is the so called "Levelling up" we heard so much about.

[baldeepbirak]

Small businesses closing means we pay higher prices, looking after national chains to feed the pockets of the head office staff.

[aw-resistance]

And Sky were scaremongering with covid last year which led to this.

[jeffreybresnahan]

I bet they all voted for their esteemed Tory chums in 2010 - 2015 & 2019?
And will still keenly vote for them again in the next UK general election, hopeing for that legendary Tory Government
"Jam tomorrow."

[mloclam]

Lock down and furlough scheme coming back to haunt us,

[mariahsmom]

Hard to convince people to buy non essentials when they cant heat their homes. Good luck to these businesses! Times are hard.

[RunOfTheHind]

It's alright - the Tories LOVE business, so they'll save them all. (Edit: the foregoing is only true if said business has shareholders and is listed)

[tommykarate]

Uncle Klaus grinning : Ja, Ja, sehr gut!

[a.hoctavius]

Economic stimulation! Give consumers money to spend !

[RazorMouth]

I know what will fix that, the UK should leave the largest market on the planet and put up barriers between it and UK companies....
🤦‍♂️

[fishgodeep]

That's why it better to have an online business no over heads no bills more customers

[badmawededu]

Brexit is nicely working for the UK. This is just the start. England/London without Europe and the world is nothing but Isolated, Tiny, very old and sick dying in a very painful slow death. Yet, US and its tiny servant UK are still waging wars in Ukraine against Russia and elsewhere in the South including ME and Africa. The ordinary mass population in both countries are suffering worse than any country's citizen elsewhere on earth. However, they don't care as long as they are living lavishly engaging with crimes in the name of politics, companies and media at home and all over the world.

[Nuance_nusoul]

Why bother with a small business anymore

[DavidGilbert]

As our energy bills rise am I correct in thinking the total amount of VAT we pay on our newly revised bills also rises, this provides the treasury with an extra 3.1 Billion GBP in taxes? If so how can the government justify increasing it's tax revenues on something that was out of our control but perfectly within theirs? Am I missing something? I am extremely concerned about the elderly and vulnerable on low income this winter...how will they manage? If the Government don't have a magic money tree how the hell are we supposed to have one!

[amfearliathmor]

Prioritise on having food put aside for next years Holodomor in the UK. The Energy Cost Crisis will pale into insignificance as folks begin to learn to live with the freezing cold once the food starts running out, the electronic food ration cards are put in place for the politically compliant, the Bailey In's and the Machine gun posts start appearing at Petrol Garage forecourts.

[aktarhussain]

“Once they enter the workplace, the British are among the worst idlers in the world”

Liz Truss - Conservatives leader and the Prime Minister of Great Britain.. (well after 5th Sept anyway)