What businesses will die?

[DA Baracus]

Given the disgusting increase in fuel costs bearing down on us combined with the increase in everything else, all whilst wages lag far, far behind 'inflation', it is inevitable that some businesses will fold, most likely due to increased operating costs combined with reduced sales. The reduced sales will of course be because folk have increasingly less 'disposable income', and so of course won't be able to afford things that getting increasingly more expensive more regularly.

So what industries or businesses are on the way out? Specific sectors and/or individual businesses should be named.

 

[Zen Archer (Raconteur)]

I imagine fly tipping of cadavers due to families unable to afford crematorium prices, ergo crematoria.

[DA Baracus]

6 minutes ago, Zen Archer (Raconteur) said:

I imagine fly tipping of cadavers due to families unable to afford crematorium prices, ergo crematoria.

They won't die, they'll flourish.

[ICTChris]

I read somewhere today that Uber has made combined losses of $32 billion dollars since it was incorporated, has never made a profit and Is essentially a con scheme.  Fuel costs and labour market squeezes could push it under.

[BigDoddyKane]

7 hours ago, ICTChris said:

I read somewhere today that Uber has made combined losses of $32 billion dollars since it was incorporated, has never made a profit and Is essentially a con scheme.  Fuel costs and labour market squeezes could push it under.

was uber not betting on driverless taxis in the near future, no sign yet though

[Cosmic Joe]

Perhaps another Govan based football club might bite the dust. 

[ICTChris]

11 minutes ago, BigDoddyKane said:

was uber not betting on driverless taxis in the near future, no sign yet though

They may have said that but I very much doubt that was their plan. Driverless vehicles are a long way off.

[ICTChris]

Saw this article about the ‘reshoring’ of manufacturing following supply chain disruptions and Brexit.

https://www.japantimes.co.jp/news/2022/08/01/business/england-factory-revival/
 

The counterpoint is that businesses who rely on offshoring and imports from China will be vulnerable. Most won’t be able to ‘reshore’. 

[Todd_is_God]

15 minutes ago, Cosmic Joe said:

Perhaps another Govan based football club might bite the dust. 

Benburb?

[Oystercatcher]

As a gardener that does a lot of work for old folk I'm one bad winter from losing it all 

[bennett]

Touristy places might see a downturn if things get bad. Restaurants,  bars, hotels/self catering places etc might struggle, especially since most of them already charge a fortune. 

 

 

[Mark Connolly]

Hopefully the Edinburgh Air BnB market implodes

[paranoid android]

Nail salons will be fine - what would we do without them?

Edited August 7, 2022 by paranoid android

[Derry Alli]

I suspect Shoe Zone will still be alive through it all.

[Empty It]

1 hour ago, paranoid android said:

Nail salons will be fine - what would we do without them?

And hairdressers, people need to launder their money somewhere. 

[tamthebam]

Perhaps Just Eat and Deliveroo will fold and the pavements will be once more safe for pedestrians 

[tamthebam]

1 hour ago, Mr. Alli said:

I suspect Shoe Zone will still be alive through it all.

Their long standing shop in North Bridge just shut...

=we're all doomed

[Todd_is_God]

20 minutes ago, Empty It said:

And hairdressers, people need to launder their money somewhere. 

Add American candy shops to that list.

[doulikefish]

Local family owned type of shops that can't absorb the hikes will be the first to go

[Aufc]

Pubs and restaurants l will be the worst affected I imagine. I thinly takeaway’s will be fine because brits are inherently lazy and greedy so will continue to get them