Meals blogger writes open letter urging Milton Keynes MPs to save lots of native companies amid rising power prices – MKFM 106.3FM

An area meals blogger, Sophie and so forth, has written an open letter to Milton Keynes MPs urging them to assist native companies amid the price of residing disaster and rising power prices.

A Milton Keynes-based meals blogger has written to Ben Everitt, MP for Milton Keynes North and Iain Stewart, MP for Milton Keynes South urging them ‘to do one thing concerning the rising power prices and the affect on small companies in Milton Keynes earlier than it’s too late’.

Native meals blogger, Sophie and so forth, runs an area information to unbiased foodies, in addition to a group Fb web page. “After seeing two small companies in MK shut this week because of the rising power prices, I’m offended,” Sophie wrote. “So I wrote a letter.”

The letter comes as two native independents introduced their closures previously month. Fenny Kitchen closed their doorways final week, whereas Olney Butchers might be closing on the thirty first August.

‘As you realize, business properties will not be presently benefitting from a worth cap. They’re already going through astronomical worth will increase. This has already led to the everlasting closure of a few of our native eating places and outlets,’ the letter reads.

READ AGAIN – Popular butchers in Olney forced to close due to ‘rising costs of electricity’

‘They won’t be the primary to shut their doorways, nor will they be the final.’ The meals blogger penned in her letter.

The letter additionally states that The Carrington Arms, a household run conventional countryside English Inn based mostly in Moulsoe, misplaced £10,000 in July regardless of a £120,000 turnover.

‘If VAT was at 5%, they’d have made a small revenue, regardless that their power payments might be going from £23,000 to £75,000 per yr.

‘Different small companies are reporting comparable will increase. They face a vicious cycle the place clients might be spending much less on non-essential actions and merchandise as a result of their very own growing prices, so the chance for eating places to recoup the income is plummeting.’

The meals blogger tells the MPs that with the affect of the power disaster affecting households and other people having to seek out hundreds of additional kilos to pay power payments, companies in Milton Keynes will see a ‘huge decline in client spending, which suggests a decreased revenue for small companies.

‘The mixture of no cap and no revenue will put many in a dire state of affairs.’ 

She wrote: ‘By sitting by and doing nothing to assist small companies, you’re damaging an already delicate financial system. Small businesses contribute 52% of annual turnover in the UK private sector. 52%. SMEs also account for three-fifths of employment. 

‘They’re integral to each employment and a wholesome financial system.’

‘Your social gathering is standing by watching this occur. We may have no small companies left not simply within the Metropolis of Milton Keynes, however throughout the UK. With The Federation of Small Businesses (FSB) reporting that 53% of businesses are expected to stagnate, shrink or fold in the next 12 months, the long run isn’t wanting good.

‘Ben, Iain, you each declare to be supportive of native companies and you’re presently operating a contest for the Finest Café in Milton Keynes.’

On Friday 1st July, Iain Stewart MP and Ben Everitt MP launched their MK’s Best Café Competitors, with votes closing on September 1st.

‘The fact is the winner of that competitors won’t survive the following six months in case your authorities doesn’t act.’

You may learn the complete letter here, small companies are additionally in a position to signal and share their experiences on the backside.

MKFM has contacted Ben Everitt MP and Iain Stewart MP for a response.

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