LONDON business leaders accused ministers of "neglect" today as a survey showed energy bills for firms in the capital have soared by 137 per cent in the past year.
The surge in gas and electricity costs has left many firms on the edge as they face a looming recession and winter strikes.
But the Government announced this week that it was delaying a decision on whether to extend its energy support package for businesses, which runs out at the end of March.
The delay triggered outrage among business groups who warned that ministerial inaction could force companies to slash jobs in the new year.
This story is from the December 21, 2022 edition of Evening Standard.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 8,500+ magazines and newspapers.
Already a subscriber ? Sign In
This story is from the December 21, 2022 edition of Evening Standard.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 8,500+ magazines and newspapers.
Already a subscriber? Sign In
'WE WON'T ALTER OUR APPROACH FOR DERBY'
SON SAYS SPURS MUST STICK WITH ATTACKING FORMULA TO SINK RIVALS
A classic in store with so much on the line for rivals
IT IS 20 years this week since Arsenal's 'Invincibles' won the league at White Hart Lane, crowning one of the finest campaigns in English top-flight history in the sweetest way possible.
City show they can flex muscle without Haaland
De Bruyne and Foden step up in star's absence to turn heat on Arsenal
Quins must find right tempo to keep title dream alive
HARLEQUINS hope the high-octane Twickenham factor can supercharge their Premiership play-off bid in tomorrow's crucial clash against league leaders Northampton.
Thoma Bravo agrees $5bn deal to buy Darktrace
CYBERSECURITY firm Darktrace today became the latest business to quit the London Stock Exchange after it unveiled a $5.3 billion deal to be acquired by US private equity firm Thoma Bravo.
£100bn City exodus as companies sell up or move their main listing
COMPANIES worth about £100 billion are on the way out of the London stock market so far this year, either by being bought up or via moving the main home for their shares overseas, and experts fear there is much more to come.
Move over Dire Straits, stadium pop is now fashion, fabulous and gay
I CONCEDED that this week belonged to one woman, on waking up Monday morning to be greeted by every news channel -leading with concurrent Taylor Swift stories.
My mixed-race identity is not your punchline
A NASTY debate has broken out online about how someone's mixed-race identity is impacted by which of their parents is white.
It's all we have left: the chance to end Arsenal's title hopes
IMAGINE you are nearing the end of running the London Marathon. You can see the finish line.
I am disappointed with Sadiq. I am furious with him
Mayoral candidate Natalie Campbell tells Ross Lydall about working for the royals, class in London and what the capital needs