Supermac's Boss Claims One In Ten Small Business Facing Closure In Coming Months

Photo Credit: Supermacs.ie

Companies are said to be under pressure due to rising costs.

Up to 1 in 10 small businesses could shut in the coming months, the founder of Supermac's has warned.

Pat McDonagh says increased costs are putting pressure on companies to keep going.

He says many feel abandoned as they deal with higher overheads, as well as law and order issues like shoplifting;

He businessman says rising costs including insurance and rates and the reintroduction of the higher VAT rate are putting pressure on companies:

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