Nearly half of small and medium sized businesses grew sales over the past year as they continue to recover after the pandemic, a new government survey of business owners has found. However, rising costs and inflationary pressures, as well as ongoing staff shortages, threaten to put the brakes on growth for the year ahead. The Department for Business and Trade's annual survey of small businesses found that just over a third of company owners expect an increase in sales in the next 12 months, compared with nearly half a year ago.

https://www.thetimes.co.uk/article/cost-pressures-weigh-on-ambitions-for-growth-kq8rjzpqd

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