It's not going to get better in the UK.
You're not allowed to complain about it.
Posted on 01/24/2025 4:43:18 AM PST by RandFan
There has been a record jump in the number of UK businesses in critical financial distress, according to insolvency specialists.
Businesses in the most distress include those in hospitality, leisure and retail, but the construction industry is also facing challenges.
Insolvency experts Begbies Traynor said a company can be considered to be in critical financial distress if it has an outstanding county court judgment of more than £5,000 or faces a winding up petition.
"The last two years have been really quite stressful trying to run a business," said Helen Gorman, who decided to close her café bar TwentySix in Cardiff this month due to rising costs.
"The industry as a whole is horrific and some of these challenges I don't think any government really understands, particularly around VAT rates that we pay. The costs just keep going up, be that supplier costs, be that energy costs," she told the BBC.
The struggles for businesses comes at the same time as a drop in consumer confidence, with more people concerned over the UK's financial prospects, as well as their own.
(Excerpt) Read more at bbc.co.uk ...
As long as the people in the UK don’t complain about the REAL CAUSE of their economic problems sky high energy prices driving out virtually all other spending due to Green Policies and insane attempt to “Punish Putin”, they’ll stay out of jail, for now at least.
Energy costs…yet the UK continues on its disastrous course to net zero. Insane.
Exactly you’re very well informed.
That will destroy what’s left of any industry
It’s by design.
MUKGA!
(Make UK Great Again)
https://x.com/mattwridley/status/1882713147108467131?s=61&t=BspBEkX2hzhEXXxbQreKxg
Check out the thread above.
3. On the calm morning of “Dunkelflaute” Wednesday this week just 1 per cent of our electricity came from wind power, even less from solar and a whopping 10 per cent had to be imported at exorbitant cost to prevent the lights going out. How’s that for “energy security”?
6. Jim Ratcliffe, the boss of Ineos, said on 13 January: “We are witnessing the extinction of one of our major industries as chemical manufacture has the life squeezed out of it” by high energy prices. De-industrialising Britain, he added, achieves nothing for the environment and merely shifts emissions, business and jobs elsewhere.
He’s not wrong but turn on the BBC and you get commentators/guests who are saying it actually helps the UK, develops new jobs and all this nonsense.
Sometimes it’s like living in a parallel universe the elite are disconnected completely.
They will rue the day!
You get what you vote for.
Also, Thatcher deserves some blame for eliminating the coal industry.
It will be interesting when the lights go off last time I looked the “grid” was at 90 odd percent capacity and it’s getting worse so sooner or later we go dark
It’s not ideal though there isn’t much choice in a 2 or 3 party system
It’s not like Labour won a huge popular mandate it’s because the Tories squandered their 15 years in power and governed like idiots
Hugely frustrating
It’ll swing back but hopefully people learn their lesson
Aloso my vote doesn’t count. I dont bother.
It’s the average man/joe and en masse how they vote in like 100 Districts that determines the outcome.
A bit like Congress.
Labour were official opposition and Keir seemed half competent the people were sick of the tories so went for Keir
Simple as that really and not much choice.
Reform were not ready but they are now I feel & at least Nigel and friends got a platform ...
Reform are going to storm it on 2029. The problem is... 2029 won’t happen until 2029.
It's not going to get better in the UK.
You're not allowed to complain about it.
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