Plymouth businesses concerned over cost of living rises

The video discusses the impact of rising costs on the fishing industry in Plymouth, affecting the entire supply chain from fishermen to consumers. Restaurants and hotels face challenges in maintaining operations due to increased expenses, leading to potential business closures. Local suppliers have also raised prices, forcing businesses to seek alternatives. Cafes struggle with pricing strategies to retain customers while managing higher ingredient costs. The economic recovery from the pandemic is slow, with job losses and cautious consumer spending adding pressure despite government aid.

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