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FSB: 500,000 Businesses In Distress Over Energy Prices (Audio)

FSB: 500,000 Businesses In Distress Over Energy Prices (Audio)

FromBloomberg Daybreak: Europe Edition


FSB: 500,000 Businesses In Distress Over Energy Prices (Audio)

FromBloomberg Daybreak: Europe Edition

ratings:
Length:
6 minutes
Released:
Aug 26, 2022
Format:
Podcast episode

Description

Martin McTague, National Chair of the Federation of Small Business, says around a half a million UK businesses are in 'real distress' as energy prices skyrocket. He tells Bloomberg's Caroline Hepker and Stephen Carroll that government help is 'the only way out' for many. McTague was speaking on the day the regulator Ofgem announced that average household energy bills would rise by 80% as the energy price cap is adjusted in October - a cap that doesn't apply to businesses.See omnystudio.com/listener for privacy information.
Released:
Aug 26, 2022
Format:
Podcast episode

Titles in the series (100)

Bloomberg Daybreak delivers today's top stories, with context, in just 15 minutes. Get informed from Bloomberg's 2,700 journalists and analysts in 120 countries.