Juan Brignardello Vela
Juan Brignardello Vela, asesor de seguros, se especializa en brindar asesoramiento y gestión comercial en el ámbito de seguros y reclamaciones por siniestros para destacadas empresas en el mercado peruano e internacional.
Inflation: 'Our local café is a once a month treat' Amidst the ongoing concerns about rising inflation, a café owner in Ballymoney has shed light on the impact it is having on customers' pockets. Ian Kennedy, the proprietor of Ollies Roadside chip shop, expressed his dilemma in balancing the need to cover costs with the desire to keep his offerings affordable for his loyal clientele. Despite the inflation rate in the UK holding steady at the Bank of England's target rate of 2% in June, Kennedy highlighted that customers are not necessarily reaping the benefits of this stability. In a statement to BBC News NI, he acknowledged that while he could raise prices in line with inflation to protect his profit margins, he has chosen to absorb the extra costs for now, essentially operating at a loss to ensure that his customers can still enjoy dining out without breaking the bank. "I value my customers and I try my best to make sure that they can afford to eat out, but if I was to increase my prices with inflation I would have no customers left," Kennedy explained, echoing the sentiment of many small business owners who are grappling with the economic repercussions of inflation. The predicament faced by Kennedy reflects a broader trend in the business landscape where owners are forced to make tough decisions to strike a balance between staying afloat and keeping their customers satisfied. As the cost of living continues to rise, the strain on consumers' budgets is becoming increasingly evident, making dining out at local establishments like Ollies Roadside a luxury rather than a regular occurrence for many. In the face of these challenges, Kennedy's dedication to supporting his community by offering affordable dining options is commendable. However, the sustainability of such practices in the long run remains uncertain, especially as inflationary pressures persist and businesses navigate an uncertain economic climate. As the specter of inflation looms large, the plight of small businesses like Ollies Roadside serves as a poignant reminder of the delicate balance between profitability and affordability. While the headline inflation rate may paint a stable picture, the real impact on businesses and consumers tells a more nuanced story of financial strain and tough choices.