Standing charges on business electricity bills have risen sixfold since 2018 and are set to climb further in the next five years, analysts have said. The charges have increased from £31 per day – or 3.2pc of total energy bills – to £190 per day or 12.8pc, according to the consultancy Cornwall Insight. It means businesses already hit by National Insurance and minimum wage increases face an additional squeeze from what many see as a stealth charge. Separate analyses have … read more »
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