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Rising energy costs ‘will force thousands of corner shops to close’

Thousands of corner shops will be forced to close due to surging energy costs unless the government steps in with emergency support, a trade body has said.

by | 28 Aug, 2022

The Association of Convenience Stores (ACS) has written to the chancellor, Nadhim Zahawi, saying that without financial support its members will be driven out of business. “We will see villages, housing estates, neighbourhoods and high streets lose their small shops,” the letter says.

The trade body, which represents 48,000 local shops employing 405,000 staff, said energy bills had surged to an average of £45,000 for smaller members, a figure more than double what store owners had been paying before renewing their contracts in recent months.
Read more at The Guardian
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