The owner of a vegan doughnut shop near Bristol Temple Meads says that economic uncertainty, high inflation and soaring rents mean that her business currently has "no choice but to keep pushing through”.
Kay Stanley sells an array of vegan doughnuts, bagels and locally roasted coffee from her bright, colourful café, Future Doughnuts, tucked underneath the arches on Oxford Street. Last week, in response to the closure of several local vegan eateries, Kay, who co-founded the shop with Andrew Horne, took to Instagram to share some of the difficulties the business has been facing and to point out that while some independent eateries may appear to be thriving, the truth is often much more complicated.
In her post, Kay said: “There’s a number of reasons why you’re not seeing more businesses closing right now - they might not be able to afford to break their lease or make loan repayments, they might have reserves from previous years, they might be lucky enough to have personal savings or other more successful businesses keeping it afloat.
