SMALL BUSINESS STRATEGY PUBLISHED
- 7 hours ago
- 1 min read
Small businesses across Hodge Hill and Solihull North, across the country, are facing pandemic-level pressures but without the emergency support.
The Business and Trade Committee report published today exposes:
£112bn owed in unpaid invoices
38 stores closing on high streets every day
Energy costs nearly doubled since 2021
Crime adding 10p to every shop transaction.
Local cafés need to sell hundreds more items monthly just to survive. Hair salons face £25,000 extra costs. High streets don't die by accident.
Small businesses are 99.9% of our economy. They need action on late payment, business rates, energy costs and crime.
Our local businesses deserve better. Our report demands action.
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