{"id":492197,"date":"2026-03-24T07:45:08","date_gmt":"2026-03-24T07:45:08","guid":{"rendered":"https:\/\/www.newsbeep.com\/uk\/492197\/"},"modified":"2026-03-24T07:45:08","modified_gmt":"2026-03-24T07:45:08","slug":"were-heading-for-1970s-stagflation-warns-surrey-business","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/uk\/492197\/","title":{"rendered":"&#8216;We&#8217;re heading for 1970s stagflation&#8217;, warns Surrey business"},"content":{"rendered":"<p class=\"ssrcss-1q0x1qg-Paragraph e1jhz7w10\">Lester said small and medium-sized firms had already had a &#8220;very challenging time&#8221;, particularly due to national insurance and minimum wage rises that have pushed up costs.  <\/p>\n<p class=\"ssrcss-1q0x1qg-Paragraph e1jhz7w10\">She added her rent has also increased by 30%. <\/p>\n<p class=\"ssrcss-1q0x1qg-Paragraph e1jhz7w10\">&#8220;Businesses are supposed to be providing the growth that is going to get this country back up and running,&#8221; Lester said. <\/p>\n<p class=\"ssrcss-1q0x1qg-Paragraph e1jhz7w10\">&#8220;Yet we&#8217;ve had not even a triple whammy. It&#8217;s multiple whammies.&#8221;<\/p>\n<p class=\"ssrcss-1q0x1qg-Paragraph e1jhz7w10\">&#8220;This is going to be a further battening down of the hatches,&#8221; she continued. <\/p>\n<p class=\"ssrcss-1q0x1qg-Paragraph e1jhz7w10\">Lester, who has been in business for 34 years, said the period after the Covid pandemic has been the hardest she has ever seen. <\/p>\n","protected":false},"excerpt":{"rendered":"Lester said small and medium-sized firms had already had a &#8220;very challenging time&#8221;, particularly due to national insurance&hellip;\n","protected":false},"author":2,"featured_media":492198,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[11],"tags":[84,1294,56,54,55],"class_list":["post-492197","post","type-post","status-publish","format-standard","has-post-thumbnail","category-economy","tag-business","tag-economy","tag-uk","tag-united-kingdom","tag-unitedkingdom"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/posts\/492197","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/comments?post=492197"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/posts\/492197\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/media\/492198"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/media?parent=492197"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/categories?post=492197"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/tags?post=492197"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}