Businesses in the UK are bracing themselves for the impact of soaring energy costs. A survey conducted by PwC reveals that a staggering four out of five companies foresee the necessity of increasing their prices. Not only that, but a significant 70% of businesses fear this will place them at a disadvantage in terms of competition. The situation is even more dire when considering the past two years, during which 77% of businesses admitted that high energy costs had already forced them to raise their prices. Additionally, 67% of these companies attributed their diminished profits to the burden of energy costs. It is now widely believed that receiving government assistance in managing these costs has become indispensable for many struggling businesses.

In the world of foreign affairs, the actions taken by President Biden to bring multitudes of Afghans to America have sparked controversy. Most concerning is the fact that the majority of these individuals lack any legal basis to reside in the country. Legislators have proposed a bill aiming to grant them permanent residency, leading to further divisions among the American populace. The vetting process employed in this massive operation has proven to be woefully inadequate, with grave concerns arising over the presence of missing or fraudulent information. These deficiencies raise alarming questions regarding potential security risks and the commission of criminal activities by those who have been granted entry.

The Digest, 2/5/2024 @130AM, CDT

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