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The Independent UK
The Independent UK
Holly Williams

UK must tackle energy bills as firms face £24bn in extra costs – CBI

Rain Newton-Smith (PA) - (PA Wire)

Britain must address soaring energy tariffs as firms struggle under the weight of crippling power bills on top of tax and wage hikes costing them an extra £24 billion a year, the boss of the CBI is set to warn.

Rain Newton-Smith, chief executive of the business group, will tell business leaders and politicians at the CBI’s business dinner on Thursday that sky-high energy costs are an “anchor on our ambition”.

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