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The taxed mind

ended 12. December 2025

Keen to get views from psychologists and anyone in the mental health sector on whether you have seen an increase in business owners struggling because their firms aren't performing  in what is a challenging economic and fiscal climate? Have any people approached you because they feel they are running uphill and the daily grind is just no longer fun? Exactly how linked are business sentiment and psychology? Any thoughts or insights, send them across ASAP.

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The daily grind has lost its spark. What felt purposeful now feels like survival mode. People are coming to me saying they’re exhausted. Properly worn down. “I used to love what I do. Now I feel trapped.” Cost of living means staying in jobs that don’t light people up because they can’t afford the risk of change. That’s brutal for wellbeing. Business owners tell me they’re firefighting constantly, whilst their motivation evaporates. Financial stress doesn’t stay in the spreadsheet. It seeps into sleep, relationships, and sense of self. It’s heartbreaking to watch talented people lose touch with why they started. Purpose gets buried under pressure.
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When you’re counselling more and more business owners daily, that’s your proof the economy isn’t just squeezing profits, it’s squeezing people.
I’m hearing it constantly from SME owners: “I’m running uphill and it’s not fun anymore.” The pressure of payroll, rising costs, clients stalling, HMRC, and trying to look confident for the team while you’re quietly fried. That’s not drama. That’s chronic stress doing what it does. Business sentiment and psychology are welded together. When the outlook feels uncertain, the brain goes into threat mode. You get tunnel vision, decision fatigue, irritability, procrastination, and a real dip in confidence. Then it leaks into the business: mood drops, communication gets spiky, sickness absence rises, and performance slips. Vicious circle. This is why Mental Health First Aiders should be as normal as physical first aiders. Not to treat anyone, but to spot early warning signs, have a proper human conversation, and point people to the right support
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Running a business in today’s economy is a full time psychological stress test. More business owners are struggling not because they are failing, but because relentless tax pressure, regulation and uncertainty break the link between effort and reward. When people work harder yet fall further behind, motivation collapses. That is a known psychological trigger for burnout, anxiety and depression. As a former Clinical Nurse Specialist in Mental Health, I speak regularly to founders who tell me they’re running on empty. Sleep goes, confidence follows, and decision making deteriorates just when it matters most. This is not about resilience training or positive thinking. It is about an economic environment that is quietly exhausting the people keeping it alive. If we want productive, sustainable businesses, mental health has to be treated as economic infrastructure, not a personal coping problem where only the ‘fittest’ survive.