Monday, 17 January 2011

Energy costs 'damaging UK's economic recovery'

High energy costs are damaging the UK's economic recovery, business groups
have claimed, placing pressure on the government to address the issue. The Major Energy Users Council (MEUC) and the Federation of Small Businesses
have both told the government that the increase in business energy
bills, along with the VAT rise, is
harming companies and the UK's potential to recover from the economic

Andrew Bainbridge, MEUC chairman, said that it was concerned with the "lack
of sensitivity" involving extra costs at a time when businesses are
struggling to recover from the recession.

Recently the MEUC has created the Carbon Action Group to tackle the rise in
fuel prices.

"The jump in petrol prices is part of the government's long-term aspirations
to create a low-carbon future," he added.

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