B
Evidence Grade B
Graded
accuracy verified by the review judge
Safe to Cite
Dated
89%
89% -- share of small businesses viewing inflation as continuing challenge for UK small businesses (<250 employees) (2023-06)
89% of UK small businesses (<250 employees) believe that the inflation rate in the UK will continue to be a challenge for their business.
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Lighthouse Research Team
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Source verified
Evidence graded
Value
89%
Unit
Percentage
Data Vintage
2023-06
Entity
Sample Size
1,000
Evidence Quality
B
Strong, reliable evidence
Sourced from a well-regarded research firm or industry leader with transparent methodology and a reasonably large sample.
Single source - not yet corroborated
Score breakdown
Extraction
95
Source Trust
60
Citation Chain
20
Independence
30
Methodology
45
Freshness
95
Source
Savanta
Primary
Tier A
https://savanta.com/knowledge-centre/view/do-small-businesses-suffer-the-most-from-rising-inflation/ ↗
Source Article
Do small businesses suffer the most from rising inflation? - Savanta
The short answer is yes, but let’s delve into a little more detail! As part of the Savanta Business Tracker, we asked 1000 businesses around the UK in June 2023 regarding the impacts and effects of rising inflation rates on their business.
The findings were that 77% of the total businesses reported …
Original Research
Savanta
· Original study ↗
Methodology
Savanta Business Tracker survey
Methodology documented
Segmentation
Industrymarketing
Cite this stat
Plain Text
UK small businesses (<250 employees): 89% share of small businesses viewing inflation as continuing challenge. Source: Savanta (2023-06). Via Lighthouse Intelligence -- https://lighthousedata.io/data/uk-small-businesses-inflation-future-challenge-2023
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<blockquote cite="https://lighthousedata.io/data/uk-small-businesses-inflation-future-challenge-2023" style="border-left:3px solid #2563eb;padding:12px 16px;margin:16px 0;font-family:system-ui,sans-serif;background:#f0f4ff;"><strong>89%</strong> -- share of small businesses viewing inflation as continuing challenge for UK small businesses (<250 employees)<br><small>Source: Savanta (2023-06) · <a href="https://lighthousedata.io/data/uk-small-businesses-inflation-future-challenge-2023" target="_blank" rel="noopener">Lighthouse Intelligence</a></small></blockquote>
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