Future Of British Business
Britain’s Factories Face Bleakest Winter Since the 1970s
- Bike manufacturer says energy costs have soared 333% this year
- Industry is already in decline, according to surveys
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Frog, a British manufacturer of children’s bikes, enjoyed continuous sales growth until the pandemic, expanding into 50 international markets since it was founded in 2013. This year, however, its energy costs have leaped 333%.