Cost of Living Crisis: Small businesses
chinadaily.com.cn | Updated: 2023-04-07 20:42
The United Kingdom saw over 10 percent inflation in February, as it continues to face supply chain and labor issues following the COVID-19 pandemic, increased costs due to Brexit regulations and high energy costs as a result of the Russia-Ukraine conflict.
While households are struggling to pay their bills, small businesses are also facing challenges in keeping their heads above water.
