MODULE: C
A S S I G N M E N T : A 2 A S S E S S M E N T A C C O U N T I N G P R E S E N TAT I O N ( PA R T 2 )
S U B M I S S I O N D AT E : 0 7 - 0 1 - 2 0 2 6
GROUP MEMBE RS: BIBEK KU NWAR (34117986)
KISHOR ADHIKARI (33148976)
PAYA L ( 3 3 1 3 6 5 0 1 )
, Context & Overview (UK Business Environment)
• The UK economy in 2023 was affected by high inflation and rising
interest rates.
• Higher costs increased operating and finance expenses for
businesses.
• Reduced consumer spending power
• This environment helps explain the decline in profitability ratios for
Sizzling Plc in 2023.