The Struggling Small Business Landscape in the UK
New data reveals one in five small businesses fear permanent closure, with rising costs and government policies creating significant challenges for the backbone of the UK economy.
In this episode of UK Business Morning, Alice and Lewis discuss the latest Simply Business report highlighting the growing struggles of small businesses in the UK. With one in five fearing permanent closure, rising costs, and government policies placing immense pressure on SMEs, the conversation delves into the economic implications and calls for urgent action. Business owners share their personal challenges, and the hosts explore the need for government support to safeguard the future of the UK’s small business community.
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