UK inflation rose to 5.2 percent in September, with energy bills taking the blame, official figures have shown. The Consumer Prices Index (CPI) measure was up from 4.7 percent in August.
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Small Businesses suffer twice the inflation of consumers
Written by Ric in Wednesday, December 10th 2008 Tags: business inflation guide, inflation, mike bowman, more than, stepher roper, warwick business school
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Double Inflation For Small Businesses
Cost rises are the latest knock for small businesses trying to stay afloat in the economic crisis. A report has shown that small businesses face yearly cost rises that are twice that of the rate of consumer inflation, a staggering 9.4 per cent.
The report, by insurance firm More Than, showed that [...]
Creditsafe: 1 in 10 SMEs’ profits affected by inflation
Business information firm, Creditsafe say one in ten firms have been affected by costs rising by more than a quarter during 2008. Continuing inflation is said to be making more and more SMEs vulnerable as profitability is severely affected.
Creditsafe’s annual report on SMEs entitled ‘The Punitive Impact of Business Inflation’, found that 10% of businesses [...]
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