Energy

Nearly 300 UK hospitality businesses have signed an open letter to the government warning the industry will not survive without support to deal with rising costs.

The hospitality industry has urged the country's next prime minister Liz Truss to act ‘quickly and decisively’ to save the sector from collapse in the face of rising costs.

Business groups have called for the introduction of Covid-style emergency grants and a cut in VAT as part of a package of measures to help firms survive spiralling energy costs.

Spiralling energy costs have left rural hoteliers contemplating whether to shutter their businesses through the cold winter months.