Ministers urged to step in to save UK firms struggling with high energy costs

Ministers urged to step in to save UK firms struggling with high energy costs

Exclusive: Cornwall Insight data shows small businesses paying over £5k extra a year than before energy crisis in 2021

Ministers have been urged to intervene to prevent businesses struggling with gas and electricity costs from going bust, as bills are forecast to be 70% higher next year than before the energy crisis.

A typical small business such as a pub, restaurant or independent retailer is paying more than £5,000 extra a year on bills than before the energy crisis that began in 2021, research by the forecaster Cornwall Insight shared with the Guardian shows.

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