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More than 1m UK small businesses ‘trapped in high-cost energy tariffs’
More than 1m small businesses may be paying energy bills significantly above market rates after becoming trapped in long-term contracts fixed when prices reached a historical peak last year.Trade groups representing businesses from metalworkers to convenience stores have joined forces to warn of a “perilous situation”.They are calling on ministers to force suppliers to renegotiate unaffordable energy deals struck last summer or risk thousands of insolvencies that would hit jobs and the UK econom
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17th Apr 2023