The Office for National Statistics (ONS) reported that 6% of food and drink businesses have reduced their hours and days they operate in order to save on energy costs.
According to recent figures, 22% of the hospitality industry is deeply concerned about rising energy prices and have or are willing to reduce or simplify goods and services to save on electricity bills. And of these businesses, 41% expect a price increase from November, so they are continuing to seek solutions to save energy.
76% of foodservice businesses are considering price increases due to rising energy costs, and 45% of business owners predict a drop in profit in 2023.
Emma McClarkin, Chief Executive of the British Beer & Pub Association urged the government to provide clarity and certainty that they will continue to assist pubs and breweries with energy costs beyond the six months previously agreed.