Page 3 - Ruby Mcgregor Smith News Today

The chef said Government needs to rapidly introduce a price cap for businesses as energy prices continue to soar amid the ongoing cost of living crisis that has hit his pub The Hand and Flowers in Marlow.

Coventry and Warwickshire Chamber of Commerce says the decision to freeze bills for six months would mean the pressure is only eased for a short period

By Scott Wright

Dr Nicola Headlam, chief economist at Red Flag Alert, has warned that thousands of small and medium-sized businesses will go bust without significant government support this winter.

Liz Truss will this week announce a £40billion package to help businesses cope with soaring energy bills. The Government would reimburse energy suppliers for their losses.

The Railway Inn in Leeds has been forced to shut its kitchen and let go of its chef due to out of control energy bills as the first hospitality dominoes start to fall in the cost-of-living crisis

EXCLUSIVE: Lunchtime favourites including a Greggs sausage roll, a Big Mac meal and a Pret Tuna Baguette have all risen in price.

Industry manufacturers of energy-efficient systems are reporting a spike in interest amid the growing clamour for urgent government action on the price crisis facing businesses.

The British Chambers of Commerce calls for Covid-style support to be provided to businesses.

Experts have told MailOnline there is no escape for the 66million people in the UK who will be encouraged to cut their use of gas and electricity and even turn off the lights when the wind drops.