Britain’s small businesses braced for more pain after surviving the pandemic
In the depths of the pandemic in 2020, the owners of some typical small companies that are the bedrock of the UK economy spelt out their struggles to the Financial Times.
On a return visit to the same entrepreneurs at Brickfields, a low-rise building in east London that has 98 offices and workshops, all the businesses the FT had spoken to two years ago were still trading.
But some owners were almost as downbeat as in 2020, their post-Covid optimism eroded by rising costs and stuttering demand as the UK enters recession. Some had been hit by the fall in value of sterling and the supply chain disruption caused by the war in Ukraine.
This story originally appeared on: Financial Times - Author:Daniel Thomas
