“We’re already supporting businesses of all sizes by slashing fuel duty, introducing a 50% business rates relief for eligible high street businesses and putting the brakes on bill increases by freezing the business rates multiplier, which is worth £4.6 billion over the next five years.” “We are working closely with industry to mitigate the impact our sanctions against Russia may have on British businesses, including through the creation of the £100 million UK Seafood Fund,” the government spokesperson added. Britain’s chippies are facing ‘extinction’ amid rising cost of living crisis / Credit: Gilly (via Unsplash) “Unfortunately this is potentially an extinction event for small businesses,” Andrew Crook added.Ī government spokesperson said in response that it’s supporting businesses “of all sizes by slashing fuel duty”, and will be introducing a 50% business rates relief. The NFFF said it had secured a meeting with government ministers this week to further push its message that the industry needs a helping hand, and admitted that current situation is like “nothing we’ve ever seen before.” This has resulted in a fall of staffing levels to four people per shop.
NFFF President Andrew Crook revealed that about 66% of fish and chip shops had also reduced their opening hours in a bid to save money. With the rising cost of living crisis continuing to make its impact felt on a wide range of businesses nationwide, the National Federation of Fish Friers (NFFF) is now urging the government to cut VAT to help chippies with their soaring energy bills, as well as the price of cod and sunflower – which has left them struggling, the BBC reports. Trending Britain’s chippies are facing ‘extinction’ amid rising cost of living crisis Emily SergeantĪn industry body has warned this week that many of Britain’s fish and chip shops are facing possible “extinction” due to increasing costs.
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