How many small businesses will die because of the energy price crisis?
What better time than a bank holiday to get business-owners thinking about the effect of the 80 per cent rise in the energy price cap on their viability?
Take a look at these:
People are badly underestimating how many small businesses are going to be destroyed by private energy company looting of the economy. https://t.co/Zzvu09z3G7
— Another Angry Voice (@Angry_Voice) August 27, 2022
Recession is coming and neither Tories or Labour are talking about it….. https://t.co/ePw8HqN5Hi
— Richard Murphy (@RichardJMurphy) August 27, 2022
So the (award-winning) Rose and Crown pub in Bebbington will see its unit charge rise from 15 pence to 97.05 pence, while its standing charge is rising to 40p per day.
(Standing charges seem to be a swindle, too. Apparently they cover the cost of keeping businesses connected to the grid, meter readings and government schemes. But wouldn’t it be more accurate to say that they cover not disconnecting firms? And aren’t smart meters ending the need for meter readings? Is there any need for standing charges at all, when several firms already offer a service without them?)
It faces an energy bill of nearly £62,000 per year. A chip shop will apparently pay £32,000.
And businesses will receive no help from the government. How will they survive – especially when pubs and chippies rely on disposable income that so many people no longer have?
Meanwhile, Boris Johnson reckons households will get support – but not all of them – next month:
Prime Minister Boris Johnson has confirmed that the government will announce further support next month for consumers struggling with energy bills – but not everyone in the country will benefit.https://t.co/pyqG8yLpym pic.twitter.com/Rd3WTnbSVG
— Sky News (@SkyNews) August 26, 2022
That’s nice – but someone else will be prime minister by then. Liz Truss, maybe – and she is dragging her feet:
Liz Truss 'rules out' more direct energy bill help for allhttps://t.co/SBRN8zfNVj
— BBC Politics (@BBCPolitics) August 28, 2022
Tax cuts will only help people who pay tax – and not by very much, This Writer suspects.
It seems the energy firms aren’t the only organisations ripping off the public; the Tory government is at it too.
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Smart meters…you trust them. Surely they just leave the energy companies as the judge jury and police of this. No control for the consumer. They are another con !!