The Welsh Government has called on the Westminster administration to provide urgent financial support to firms with the fear that many will go to the wall without intervention to address the spiralling cost of energy and fuel.
Economy Minister Vaughan Gething will tomorrow hold talks with Welsh business representatives to hear directly about the pressures they are facing. Unlike for consumers there isn’t a commercial cap on energy charges.
Mr Gething said:“The cost of living crisis engulfing the UK is having a significant impact on families across the country. We’re also facing a cost of business crisis, with businesses across Wales facing increasingly unbearable pressures because of soaring energy and fuel bills.
