Get all your news in one place.
100's of premium titles.
One app.
Start reading
Daily Mirror
Daily Mirror
Business
Zahra Khaliq

Iceland boss forced to stop store openings as its energy bills rise by £20million

The boss of Iceland said he has been forced to pause new store openings after its latest energy bill rose by £20million.

The huge increase has left managing director Richard Walker with no choice but to send an urgent plea to No 10, requesting an immediate cost of living package to help support struggling retailers.

Mr Walker says that extortionate costs have left his business “fighting to keep the lights on” and is calling for an energy price cap for businesses in the UK.

Sign up to read this article
Read news from 100's of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.