UK allows 70% of bars to close due to rising electricity prices

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According to Morning Advertiser, about 70% of bars may close due to high electricity prices.

“An increase of 20%, let alone 200%, would be unsustainable,” an industry official quoted the publication.

In a survey of bar owners by the publication, more than 65% of bar owners reported a more than 100% increase in their electricity bills. At the same time, 30% reported a 200% jump and 8% reported a more than 500% increase in spending.

Brewery owners say government measures such as lowering VAT and limiting the rise in electricity prices will help them avoid shutdowns.

As before knowledgeable “Gazeta.ru” states that 24% of Britons will not be able to pay their electricity bills in October, when British energy regulator Ofgem once again increased their costs. 24% of UK residents will not be able to pay their electricity bills in October, and by January next year that number could rise to 34%.

From 1 April, British energy regulator Ofgem has increased the maximum allowable annual electricity bill for consumers from £1,400 to almost £2,000 due to the sharp rise in global energy prices. The next increase is scheduled for October 2022.

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