The UK is on the brink of recession the Bank of England has warned, with figures showing the economy is continuing to shrink.

Sky News' Ed Conway spoke to small businesses who say that materials and transport costs are rising across the board, putting their businesses in jeopardy.

Read the latest from the Sky News politics Hub: https://bit.ly/3yYPbpp

SUBSCRIBE to our YouTube channel for more videos: http://www.youtube.com/skynews

Follow us on Twitter: https://twitter.com/skynews
Like us on Facebook: https://www.facebook.com/skynews
Follow us on Instagram: https://www.instagram.com/skynews

For more content go to http://news.sky.com and download our apps:

Apple: https://itunes.apple.com/gb/app/sky-news/id316391924?mt=8
Android https://play.google.com/store/apps/details?id=com.bskyb.skynews.android&hl=en_GB

Sky News videos are now available in Spanish here/Los video de Sky News están disponibles en español aquí https://www.youtube.com/channel/skynewsespanol

To enquire about licensing Sky News content, you can find more information here: https://news.sky.com/info/library-sales