© 2020 – 2024 AEA3 WEB | AEAƎ United Kingdom News
AEA3 WEB | AEAƎ United Kingdom News
Image default
News

‘Lost generation’: small businesses folding across UK as energy bills land

Jobs disappear and high streets decimated as growing number of traders are forced to shut due to higher costs

The energy crisis is tearing through Britain’s high streets, with warnings on Friday of a “lost generation” of small businesses, as the impact of soaring gas and electricity prices begins to hit cafes, restaurants, shops and salons.

Across the UK, growing numbers of traders are taking the difficult decision to close their doors for good in the face of unaffordable costs driven by record inflation, with some reporting tenfold increases in utility bills.

Continue reading…

Related posts

Dido Harding to step down as chair of NHS Improvement

AEA3

One dead and dozens hurt as stage collapses in high winds at Spanish festival

AEA3

UK weather: Easter Sunday could be warmest day of year at 18C

AEA3