2,230 words
A ceramics business in Stoke, in the Midlands of England, closed this month. Moorcroft Potteries’ problems were economic, but they were not failings of the business itself, rather the imposition of new financial strains on the company which it could not support. Facing the highest energy prices in Europe (by some margin), carbon taxes with which other countries do not have to weight their prices for British import, and yet another rise in National Insurance contributions (which has always been income tax by another name), the old and respected company went into official receivership, the executioner’s block of the business world. (more…)