Business energy bills increase as Middle East crisis pushes up wholesale prices

Business energy costs are set to soar, with electricity bills increasing by an average of 10% to 30% since late February, depending on the sector and the size of the organisation. Gas price rises are steeper still, with Cornwall Insight forecasts showing bill increases of between 25% and 80%, as the ongoing conflict in the…

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Small businesses braced for jump in energy costs

Small businesses on fixed rate energy deals face a surge in their bills when the Government’s current Energy Bill Relief Scheme ends. As of April, a cap on the price of gas and electricity will be replaced by a new scheme which offers a much less generous discount on energy bills. The Government has set…

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Call for more business support as energy costs climb

With the Treasury announcing support measures for households set to be hit by a spike in energy prices, the Federation of Small Businesses (FSB) has urged officials to extend the support to small businesses. FSB National Chair Mike Cherry said “Many small businesses face many of the same challenges as consumers in the energy market,…

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