Posted on

Britain’s Pubs Are Threatened by ‘Alarming’ Rise in Energy Bills



Share

LONDON — With every day that passes, Lindsey Armstrong’s dilemma gets worse as Britain’s energy crisis closes in on her pub.By the beginning of October, she must renew her electricity contract, but the only price she can get is 118,000 pounds ($135,000) a year — up from at most £27,000, an unaffordable jump.“The price goes up daily,” said Ms. Armstrong, who owns a Champs Sports Bar and Grill in Washington, a small town in northeast England. She has admittedly given herself little time but says she never anticipated prices rising so much. And the shortest contract she has been offered is for three years.She’s reluctant to sign a fixed-term contract at current prices.“The longer I wait, the harder it gets to make a decis …

Read More