The British Independent Retailers Association has called for the government to clarify details on their intervention on the energy crisis for businesses.
Following Prime Minister Liz Truss’s announcement that businesses would be receiving support for the next six months for gas and electricity bills, set to rise in October, there has as yet, been no further details for businesses to be able to plan productively.
Bira’s ceo, Andrew Goodacre, said: “The latest official GDP estimates have shown that while the UK economic growth rose in July after shrinking in June, economic indicators are further fuelling concerns that the economy is dipping into a recession as we enter Q3.
“This makes it even more important for the energy support package for businesses to be clarified. Every day lost makes it harder for businesses to plan their strategy as we approach the busiest time of the year.”