Wet pub owner in Lincoln disappointed with energy support for businesses
Prime Minister Liz Truss announced household bills would be capped for two years - but prices for businesses will only be capped for six months.
Last updated 21st Sep 2022
Owner of the Strait and Narrow pub in Lincoln says the energy price cap for businesses is dissapointing. Particularly noting the length of time the cap will exist for.
The owner of a wet pub in Lincoln is disappointed by the energy announcement made by Prime Minister Liz truss as businesses face rising energy costs.
Before news of the Queen's death was announced, Liz Truss stated businesses and non-domestic users across the Country will be supported with a six month plan.
But many groups and independent pubs have expressed worry over the rising costs and that the winter may be worse that it already is.
READ MORE: Small businesses across Lincolnshire and Newark tell us they're struggling to cope
The Strait and Narrow Pub owner Jez Nash says it's already difficult:
"Things that we're going to have to do, because it's looking like our bills will, at some stage in the next 12 months, at least double- best case scenario. But we still don't know, because we're still waiting to find out what the actual support looks like. But its just, you know, you have to make sure you're running your business right, you have to make sure you keep an eye on your overheads, and you know, the most important thing is you have to make sure youre making money so you can pay your staff, your bills and your wages."
READ MORE: Grantham nursery tells us how they're struggling with energy bills
The Strait and Narrow has existed on The Strait in Lincoln for almost 10 years.
Mr Nash continues, saying that he worries the most, looking into the future:
"That's the worst bit, it makes it hard to plan and strategise, and that could be anything from the day to day running of the business and stuff like that to trying to do events or fun things, or drive the business forward. It makes it really tough."
With many in the hospitality sector feeling the same, many have begun to come together to be heard.
The pub group Fuller's is warning that businesses in hospitality are experiencing "unsustainable increases" in energy cost, and have suggested its own gas and electric bill will soar by a £10 million without Government support.