Small firms hit by rising inflation

Commenting on the Consumer Price Index (CPI) which rose to 1.2% in November, Paul Miles Rogers, Warwickshire & Coventry Chairman at the Federation of Small Businesses, said:

"Our members have so far managed to absorb the increased costs resulting from inflationary pressures but the effects are now beginning to bite. Many small businesses rely on road travel to transport goods, receive supplies and for their staff to get to work so the rising cost of petrol is a major concern.

"The sustained devaluation... You can carry on reading TheBusinessDesk.com for free, but you have reached the maximum number of pages an unregistered user can view. To register for an account, click here or login below...