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Irish Mirror
Irish Mirror
National
Sophie Collins

Alarming new figures show hundreds of businesses fear closure by end of 2023 due to inflation

Worrying new figures show a majority of businesses expressing their concern over their future as inflation causes havoc for owners.

That’s according to Kroll, the leading independent provider of risk and financial advisory solutions, who revealed these fresh fears that restaurants and other businesses in the hospitality sector have.

The research cites that many believe they may be forced to close in the coming 12 months as a result of inflationary and staffing pressures.

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