It's no secret that inflation has been affecting household budgets in recent years. However, a closer examination reveals that there's more to it than just rising prices. A financial model has taken over many everyday businesses, including restaurants, retailers and care homes.
This model focuses on generating fast returns for investors rather than long-term growth and success. As a result, many of the brands we rely on are struggling to stay afloat. Smaller portions, higher prices and worse service have become increasingly common, leaving consumers feeling frustrated and disappointed.
The impact is being felt across UK households, particularly those on lower incomes. With energy costs rising and food bills increasing, it's becoming harder for people to make ends meet. Housing costs are also a concern, with many struggling to pay their mortgages or rent.
Government support schemes, such as the Energy Price Guarantee, aim to help alleviate some of the pressure. However, these measures may not be enough to mitigate the full impact of this financial model. As consumers, we need to be aware of the changes taking place and demand more from our favourite brands.