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Britain's Pubs at risk of closure amid energy price hikes

PUBS and brewers across Britain are at risk of closure within months amid price hikes upwards of 300 per cent, industry bosses are warning.

The bosses of six of the biggest pub and brewing companies signed an open letter to the government today, urging it to act to avoid “real and serious irreversible” damage to the sector.

Greene King, JW Lees, Carlsberg Marston’s, Admiral Taverns, Drake & Morgan and St Austell Brewery have all sounded the alarm.

On Friday, regulator Ofgem confirmed that bills for an average household would surge by 80 per cent in October when the new price cap comes into force.

Businesses operate without a regulated price cap, with some pub owners warning that their bills have quadrupled or are struggling to even find suppliers willing to power their venues when contracts come up for renewal.

The British Beer and Pub Association has demanded the government implement an urgent support package that effectively caps the price of energy for businesses.

Chief executive Emma McClarkin said: “There are pubs that weathered the storm of the past two years that now face closure because of rocketing energy bills for both them and their customers.”

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