this post was submitted on 20 Jul 2023
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This is happening because our wages haven't kept up with rising costs. Otherwise paying £20 for a fish and chips wouldn't be an issue.
Yep, that plays a significant part too. But when you've got a fryer who's monthly running cost has gone from £600 to £2000 that's unsustainable.
Of course - unless your prices increase to match, which requires consumer prices to increase to match too.
My angry point is - small, independent businesses shutting down is inherent to the system as it stands.
It's all about the greedy energy generating companies sucking many many billions out of the useful economy.