Tens of thousands of businesses in the UK are at risk of failure owing to high energy prices, according to a consulting firm.
Red Flag Alert, which self-describes itself as the UK’s “number one insolvency scorecard,” said tens of thousands of businesses may fail next year and those who survive will have to choose between paying energy bills and wages, calling on the government to make it a priority to support businesses.
It comes as new Prime Minister Liz Truss vowed to “take action this week to deal with energy bills” as she moved into No 10 Downing Street on Tuesday….