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For firms struggling with high rents, that is frustrating.
"For firms employing under 10 people, it takes one person a full day's work a month.
For firms, migration helps labour productivity by cutting labour costs.
Certainly, insurance costs for firms are rising.
It has benefits for firms and workers.
One option for firms is to raise salaries selectively.
This makes it easier for firms to push up prices.
But borrowing rates for firms have stayed high.
Britain made interest deductible for firms in 1853.
The result is escalating costs for firms operating in China.
Regulations make it difficult for firms to hire and fire.
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