Cost of Living: More firms going under than in 2008

New data shows that more businesses are going insolvent than at the peak of the 2008 financial crisis.

Many firms are also facing soaring energy bills and consequently rising debt.

That is likely to result in companies shedding workers to cut costs.

#skynews #economy #costofliving

SUBSCRIBE to our YouTube channel for more videos:

Follow us on Twitter:
Like us on Facebook:
Follow us on Instagram:
Follow us on TikTok:

For more content go to and download our apps:

Sky News videos are now available in Spanish here/Los video de Sky News están disponibles en español aquí
Sky News videos are also available in German here/Hier können Sie außerdem Sky News-Videos auf Deutsch finden:

To enquire about licensing Sky News content, you can find more information here:

Articles You May Like

Retired lt. gen. watched tape of Putin’s Mariupol visit. Here’s what he saw
Rocky ending to Bannon’s closing argument as his attorney brings up politics
Loose pet monkey attacks woman, ripping ‘handfuls of hair’ and part of her ear off
Budget 2023: Interim reaction to the numbers in Budget 2023
Spanish police refloat ‘cocaine submarine’