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Energy costs and Covid pose ‘existential threat’ to UK’s small businesses | Small business
The viability of hundreds of modest firms is at possibility as escalating energy fees acquire their toll on providers just as they consider to get better from Covid constraints, in accordance to a stark warning from their federation. Smaller businesses, which make use of nearly 13 million men and women in the United kingdom, are expected to truly feel the brunt of crippling vitality costs in the coming months as companies start out to strike new fixed-term specials amid file substantial power current market costs throughout Europe. The UK’s micro firms, which employ fewer than 10 folks each and every but a complete of 4.2 million staff members across the…