Leading associations including UKHospitality have signed an open letter challenging energy regulator Ofgem to take ‘immediate’ action on hidden charges by energy brokers.
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The industry has welcomed the news that government will expand its help for businesses with their energy bills, with subsidies set to cover contracts going back to December 2021.
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This year 2021 saw a partial recovery of global consumption after the doldrums of 2020, the OIV said in its latest update. However, 2022’s outlook is looking increasingly uncertain due to the turbulence posed by the global supply chain crisis, the war in Ukraine and mounting energy prices.
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