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Could this be the end of small business?

(29 Posts)
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HousePlantQueen Tue 30-Aug-22 13:23:06

I don't know what to think Ilovecheese, the FSB and various business groups, chambers of commerce etc., have been reporting, but nobody seems to be listening, public or government. Of course, when we are all at home worrying about our energy bills, we won't be out and about using these small businesses. Then of course there are schools, care homes, nurseries etc. Some forecasters are talking about serious impact as parents will not be able to find/afford child care.

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Summerlove Tue 30-Aug-22 13:21:21

Its definitely going to be tough for them. Prices will go up to cover it.

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Ilovecheese Tue 30-Aug-22 13:16:43

Surely the Government will want to help?
Then again, perhaps they only really care about large businesses who can afford the new charges.

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HousePlantQueen Tue 30-Aug-22 12:52:27

I have been reading some horror stories about the uncapped energy costs being quoted for small businesses/pubs/restaurants and without exception, they have all said they are likely to close or at best lay off all their staff and just have owner working. This includes fish and chip shops, bakeries, butchers, let alone all the nice little treat/luxury places such as coffee shops and artisan bakeries. We are all so concerned about our own imminent energy price increases that this unfolding economic disaster is being largely unreported. Some publicans are reporting being asked by energy suppliers to pay a £10k deposit against the risk of bankruptcy

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