Larry Williams Drive

Kay Oliver: UK correspondent on the growing fears that many UK companies could collapse due to cost of living crisis

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Sinopsis

There are growing concerns that a number of UK-based companies may be forced to collapse in the coming months. The current cost of living crisis has led to an increase in companies getting closer to shutting their doors, with that number having gone up since the end of 2022. UK correspondent Kay Oliver describes the predicted shutdown of these businesses will have a snowball effect on the economy, as thousands of jobs will be lost. LISTEN ABOVESee omnystudio.com/listener for privacy information.