Small UK firms’ energy bills set to more than double due to Iran war
by Jillian Ambrose from World news | The Guardian on (#74R53)
Companies using heating oil have already begun rationing their fuel use, says Federation of Small Businesses
Thousands of independent businesses across the UK are braced for their energy bills to more than double owing to the sharp rise in heating oil costs as the war in Iran pushed Europe's fuel market prices to fresh record highs.
About 7% of all small and medium-sized companies warm their properties and provide hot water using heating oil, which in some cases has more than doubled in recent weeks.
Continue reading...