Rising fuel costs hit small firms
Bibby Financial Services estimates the UK's small to medium sized companies (SMEs) will spend an annual sum of £2 billion on fuel in the wake of the huge increase in February.
"It is a real concern to us that businesses have to shoulder rising running costs, but at the same time are not getting the access to funding they need from traditional routes which would help them offset those costs and manage their cash flow more effectively.
"We believe there should be practical and direct measures taken by the Government to bring down the costs of running a business, otherwise it is hard to see how SME owners are going to start to move closer to economic recovery."
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