Rising inflation is biggest challenge facing UK SMEs as cost of living crisis bites

High inflation is the number one biggest challenge facing small and medium sized businesses (SMEs) in the next 12 months as the overwhelming majority (88%) are set to be impacted by the cost of living crisis. This is according to new research1 commissioned by Manx Financial Group PLC, the financial services group which includes, amongst other operating subsidiaries, Conister Bank Limited (Conister), Conister Finance & Leasing Limited and Blue Star Business Solutions Limited.

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