Issue 153
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Crippling Energy Costs ‘Destroying Great British Pubs in Every Community’
The British Institute of Innkeeping (BII) has today written an open letter to Ofgem, demanding urgent action to tackle energy suppliers who are crippling fragile pub businesses across the whole of the UK. Earlier this year, a survey of BII members revealed that 50% were forced into signing contracts at the peak of energy prices between July and December 2022. With meaningful energy support from Government falling away for the vast majority of pubs from 1st April this year, they are now facing a cliff edge of energy costs, alongside the surge in inflationary pressures in every area of their business-
es. As bricks and mortar businesses at the heart of their communities, they can only reduce their usage so much, with energy intensive kitchens & cellars, as well as the need for their bars to be warm and welcoming for their customers. Without the ability to renegotiate contracts with suppliers that were signed in an unfair and uncompetitive market, many are facing bankruptcy, despite consumer confidence and turnovers growing in recent times.
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