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Firms under ‘enormous pressure’ from rising energy prices, business leaders warn

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dailyrecord.co.uk

Soaring energy costs could lead to factory closures and job losses, business leaders have warned as they demanded more UK Government support.

Dr Liz Cameron, chief executive of the Scottish Chambers of Commerce (SCC), said many businesses were still operating in “survival mode” amid Brexit and the pandemic and were finding it impossible to keep pace with energy price rises.

Ahead of the UK Government autumn Budget, she has written to UK Chancellor Rishi Sunak, calling for the introduction of a small and medium enterprise (SME) energy price cap to protect Scottish businesses from the rising price of gas and electricity as the winter looms.Dr Cameron said: “In the past few weeks, the UK has reached a crisis point over gas and electricity

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