Pub, restaurant and music venue bosses have warned the Government there will be mass closures and thousands of job losses without urgent support to tackle soaring energy prices. Industry bodies UK Hospitality, Night-Time Industries Association, Music Venue Trust, the British Institute of Innkeeping and the British Beer and Pub Association have written to the Prime Minister, Boris Johnson, the Chancellor, Nadhim Zahawi ,and the Business Secretary, Kwasi Kwarteng, cautioning that thousands of jobs are at "grave risk".
Businesses have seen energy prices skyrocket over the past year. Unlike consumer energy bills, there is no price cap on commercial energy costs.
Hospitality operators have claimed they are facing annual bill increases "in the region of at least 300%". In the letter, industry bosses said: "On Friday, the Government saw fit to declare a drought, in the face of inarguable evidence that weather conditions had caused a threat to the nation.
