High energy costs – it’s not just households who are feeling the pinch

By Chloë McCulloch2022-02-18T07:00:00

The impact of on businesses is not yet part of the public debate – but it should be

Petrol prices hit 148p a litre over the weekend, a new record mostly driven by the cost of wholesale energy shooting up in response to the build-up of Russian troops on the Ukraine border. At the time of writing, diplomats warned a Russian bombardment “could happen at any time”.

But even before this threat became so real, media headlines focused on how spiralling energy costs would create a cost of living crisis for millions of UK households. Earlier this month the chancellor announced a £350 rebate (£200 of it a loan) to help people pay their bills ahead of the energy price cap rising in April.

…

Already registered? Login here

To continue enjoying Building.co.uk, sign up for free guest access

Existing subscriber? LOGIN

Stay at the forefront of thought leadership with news and analysis from award-winning journalists. Enjoy company features, CEO interviews, architectural reviews, technical project know-how and the latest innovations.

Limited access to building.co.uk
Breaking industry news as it happens
Breaking, daily and weekly e-newsletters

Get your free guest access SIGN UP TODAY

Subscribe now for unlimited access

Subscribe to Building today and you will benefit from:

Unlimited access to all stories including expert analysis and comment from industry leaders
Our league tables, cost models and economics data
Our online archive of over 10,000 articles
Building magazine digital editions
Building magazine print editions
Printed/digital supplements

Subscribe now for unlimited access.

View our subscription options and join our community