Global tension + rising costs = more pressure on UK SMEs

UK businesses are facing mounting pressure from renewed tension around the Iran conflict, with rising transport, sourcing, and energy costs threatening to squeeze margins and further disrupt already fragile supply chains. The latest figures from the Office for National Statistics (ONS) show that 29% of businesses with 10 or more employees were concerned last month about international conflict affecting their supply chains over the next year, up 19 percentage points from ... The post Global tension + rising costs = more pressure on UK SMEs appeared first on The Loadstar .