PUBS and restaurants could close this winter without support to tackle soaring energy bills.

There are growing fears that some hospitality venues won’t survive as they struggle to cope with rising running costs.

Pubs and restaurants could close this winter without support to tackle soaring bills

1

Pubs and restaurants could close this winter without support to tackle soaring billsCredit: Getty

UK Hospitality is calling for “urgent action” to help with bills in an open letter to the government.

Kate Nicholls, chief executive of the group which represents venues, said the sector is being pushed “to the brink of existence” with closures and job losses a real possibility.

The industry is calling for a cut to VAT or an energy price cap.

There is no price cap for businesses, like there is for households, meaning they face much sharper increases to bills.

Pubs and restaurants are preparing to sign new energy deals as their old tariffs expire this autumn.

Thousands of workers to get £1,200 cost of living bonus - are you one of them?
Energy bills could be slashed by £400 this winter in plan to cut price cap

They face an average increase of around 300% under new deals being offered.

Meanwhile households have been warned energy bills could top £5,000 next year, according to experts.

The price cap on energy bills is calculated based on average household use – so your actual bill depends on your own usage.

In May, former Chancellor Rishi Sunak announced households will get a £400 discount off their energy bills from October.

But this support is not available for businesses, with many still struggling to recover from the impact of lockdown.

Many of the businesses the same businesses that were forced to close during lockdown – such as pubs, theatres, music venues and restaurants, are among those set to be hardest hit.

Emma McClarkin, chief executive of the British Beer and Pub Association said the industry is facing “a perfect storm”.

Most read in Money

She added: “Rising energy bills are putting pubs in real jeopardy.

“Sudden, extreme price hikes are already forcing publicans to make tough choices, from reducing opening hours to cutting options on their menus. 

“We urgently need an energy price cap for small businesses before extortionate bills cripple pubs and we lose them forever in communities across the country.” 

A poll of 1,000 small business bosses found two thirds of those who have been running their business since before the pandemic said the last two years have been the most challenging.

Nearly half of them (47%) feared the next 12 months could prove even more difficult.

I didn’t put sun cream on my lip filler on holiday…it was a huge mistake
Woman accidentally buys ENTIRE neighbourhood worth £40M after paperwork error

Here’s how to spot “vampire appliances” driving up your energy bills with a nifty £12 gadget.

Here’s six ways to save hundreds on your energy bill this summer.

This post first appeared on thesun.co.uk

Leave a Reply

Your email address will not be published. Required fields are marked *

You May Also Like

Return of inflation boosts financial stocks: The funds that are well positioned to ride the recovery

The recovery of global stock markets since the successful rollout of vaccines…

Tesla upgrades the Model 3 – here are the 10 best new features

Tesla’s Model 3 isn’t just the American electric car-maker’s cheapest model; it’s…

Sky Black Friday deals 2022: ‘lowest ever price’ event now live

SKY’S Black Friday deals are now live for 2022 as part of…

Bookie Flutter accused of allowing punter to bet £282k of stolen funds

Addiction: Tony Parente gambled £282,000 of defrauded funds The owner of Paddy…