UK businesses face closure over energy crisis
Live music venues and pubs are seeing energy bills increase by an average of 300%, adding tens of thousands of pounds to running costs
News By IQ | 30 August 2022
Grassroots music venues are among the small and medium-sized businesses in the UK that are facing closure without immediate action to curb rocketing fuel bills.
With businesses excluded from the energy cap, some venues are seeing their energy bills increase by an average of 300% –in some cases as much as 740% – adding tens of thousands of pounds to their running costs.
Based on a survey of its 941 venue members, Music Venue Trust (MVT) revealed that venues face an average 316%…
You've used your free article this month
Continue reading with a free account, or subscribe for unlimited access to all of our news, features and reports.
