Get all your news in one place.
100's of premium titles.
One app.
Start reading
Birmingham Post
Birmingham Post
Business
Andrew Arthur

UK inflation: South West firms fear going bust amid cost of living crisis

Small businesses across the South West hit by the rising cost of living crisis have urged the Government to provide more support, with many fearing they could go bust.

Inflation rose to a 40-year high on Wednesday (June 22), with the rate of rising consumer goods prices up from 9% in April to 9.1% in May.

Economists at the Office for National Statistics said the increase was driven by record high petrol prices and steep food price rises.

Sign up to read this article
Read news from 100's of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.