Energy bills crisis: five UK business groups demand urgent action

The government should help both companies and domestic customers cope with soaring energy bills, the business groups said. Photograph: Luis Alvarez/Getty Images

Five of Britain’s leading business groups have demanded urgent and decisive government help to tackle the UK’s energy crisis, warning failure to act will result in lower investment, an increase in poverty and the risk of an inflationary spiral.

In a letter to Rishi Sunak, the heads of the CBI, the British Chambers of Commerce, the Institute of Directors, Make UK and the Federation of Small Businesses said “rocketing” domestic and business bills would put the brake on economic recovery.