
Britain starts to turn out the lights: Restaurants, pubs, butchers, cafes and shops are among small businesses forced to close as soaring energy bills begin to bite
Small firms are pleading for the Government to step in over sky-high energy bills, which have soared by as much as 400 per cent in some cases, leaving many fearing they could be put out of business by the end of the year.
More than half of small companies — 54 per cent — fear their running costs could force them to close, according to a report by SME Insights and insurer Simply Business.
Businesses are not protected by energy watchdog Ofgem’s price cap and they face paying 20 per cent VAT on their energy bills, whereas most ordinary households pay five per cent.
