Retailers demand energy bill cuts as costs rise by £440m

UK Retailers Push to Cut Green Levies as Power Bills Top £440 Million

Retailers have urged John Healey to slash green policy costs from energy bills, warning that their electricity costs are set to soar by £440m this year.  The British Retail Consortium (BRC) – which represents top retailers including Tesco, Sainsbury’s and Marks & Spencer – has warned that rising “policy costs” on energy bills will inevitably push up prices for shoppers.  The Chancellor “must take immediate action to reduce the plethora of policy…

Retailers demand energy bill cuts as costs rise by £440m

Retailers have urged John Healey to slash green policy costs from energy bills, warning that their electricity costs are set to soar by £440m this year.  The British Retail Consortium (BRC) – which represents top retailers including Tesco, Sainsbury’s and Marks & Spencer – has warned that rising “policy costs” on energy bills will inevitably [...]

Retailers face a £440m rise in electric costs - Credit Connect

Retailers face a £440 million increase in electricity costs this year, despite their energy use remaining virtually unchanged, a new report by the British

BRC Warns Rising Energy Costs Risks Pushing Up Shop Prices

UK retailers face a £440m increase in electricity costs this year, prompting the British Retail Consortium (BRC) to call on the Chancellor to introduce measures in the forthcoming Budget to ease the financial pressure on the sector. A new report (more…) The post BRC Warns Rising Energy Costs Risks Pushing Up Shop Prices appeared first on KamCity.

Retailers face £440m rise in electricity costs, BRC warns

Electricity costs are expected to rise 16% this year despite retailers’ energy use remaining broadly unchanged. Read the full story at Retail Sector.

Budget action needed as retailer energy costs rise £400m