A Suffolk balloon business says inflation is making it hard to stay afloat.

Balloon Knot Enterprises insists today’s inflation rise to 9.1% is devastating.

Managing Director Lorraine Fisher, 34, explained: “Inflation hits balloon businesses hard and we are holding on by a string.

‘Plans to float’

“Balloon Knot Enterprises was doing very well and had plans to float.

“But now our dreams have burst.”

In other business news, a snail farm in Norfolk has closed because business was so slow.

A paper firm in Lowestoft has folded.

And a bra factory has gone bust in Bury St Edmunds.

And news just in, a futures investment company has closed owing to unforeseen circumstances.

Mug prices not going up

Thankfully, our partner Dirty Old Goat mugs has kept prices the same despite soaring inflation. Browse all the collections at DirtyOldGoat.com or buy directly below. They make excellent pressies, will be enjoyed every day for years and come with free UK delivery…