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OnlyMe

Cost Inflation Crippling Uk Enterprise

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Bankrupt of England inflation meddling causing real damage, again.

Rebalancing of the economy - they'll do it by pushing it over the cliff, starting with the sector that the country is mot reliant on to create jobs and earn its way out of the debt mess encouraged by the central bank themselves.

They have learnt nothing form the previous meddling and are making the stuation even worse.

Cost inflation crippling UK enterprise

http://www.freshbusinessthinking.com/news.php?NID=9502&Title=Cost+inflation+crippling+UK+enterprise

28/07/2011

By Max Clarke

Small firms are trapped in a vice of rising business costs, which is squeezing margins, choking growth and threatening their survival, according to a major new study by Make It Cheaper and the Centre for Economic and Business Research (Cebr).

The research shows that overheads have risen by almost a quarter over the past five years, and more than half of small business owners now warn that their company will simply not survive much longer if costs continue to rise at current rates.

Jonathan Elliott, Managing Director of Make It Cheaper, comments: “Rapid cost increases are placing the survival of small companies in jeopardy, and dampening the entrepreneurial spirit so crucial to economic recovery.”

The study is based on independent research among owners and managing directors of 750 UK small businesses commissioned by business saving advisor Make It Cheaper, supported by macroeconomic modelling by Cebr.

The vast majority of small business owners identify rising costs as the most significant threat to their company this year and

Edited by OnlyMe

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Ours haven't.

Raw material costs are slightly higher but nothing to squeal about.

Are you in the UK? what raw materials do you use?

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Are you in the UK? what raw materials do you use?

In the catering businesses I used to work in their costs have gone up a lot. Last time I was asked to process potatoes I was given a skinny peeler as the potatoes were so expensive. Input costs have essentially tripled. Massive bag of flour and potato starch used to be £13, its now £40.

Deflation obviously.

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Bankrupt of England inflation meddling causing real damage, again.

Rebalancing of the economy - they'll do it by pushing it over the cliff, starting with the sector that the country is mot reliant on to create jobs and earn its way out of the debt mess encouraged by the central bank themselves.

They have learnt nothing form the previous meddling and are making the stuation even worse.

Not that rebalancing the economy rubbish again?

Index of production for manufacturing

100.5 in Q2 2007, 92.1 in Q2 2011.

Output index for business services & finance

105.0 in Q2 2007, 104.7 in Q2 2011.

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  • 334 Brexit, House prices and Summer 2020

    1. 1. Including the effects Brexit, where do you think average UK house prices will be relative to now in June 2020?


      • down 5% +
      • down 2.5%
      • Even
      • up 2.5%
      • up 5%



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