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Energy bill help cut: We can only work four days

In 2021, Jack Masters said it was spending around £60,000 a year on energy for the business, it is now looking at an annual bill of between £180,000 to…

Transcripts for BBCNEWS BBC News 20240604 14:46:00

starts, offering a discounted rate instead, estimated to costjust £5.5 billion for the coming year. but with some saying their bills could rocket by more than 400%, it is feared 300,000 small businesses might need to restructure, downsize or even close. there is some good news, official figures confirm today that at the back end of last year the uk economy grew marginally by 0.1%, expelling fears it would tip into recession. as inflation is expected to come down, costs could follow. but to get the economy growing businesses need to grow first and at the moment confidence is in short supply. since 1987 jack masters in leicester have prided themselves on producing low carbon knitwear, like christmas jumpers. but energy prices are expected to triple this year and expansion plans have gone into reverse. to save money we have had to reduce the usage on our gas boiler down from five days to four days and production cut down from five

Transcripts for BBCNEWS BBC News at One 20240604 12:26:00

cost the taxpayer £18.4 billion, so from tomorrow a new scheme start, offering a discounted rate instead, estimated to costjust £5.5 billion for the coming year. but with some saying their bills could rocket by more than 400%, it is feared 300,000 small businesses might need to restructure, downsize or even close. good news, officialfigures confirm today that at the back end of last year the uk economy grew marginally by 0.1%, expelling fears it would tip into recession. as inflation is expected to come down, costs could follow. but to get the economy going businesses need to grow first and at the moment confidence is in short supply. since 1987 jack masters in leicester have prided themselves on producing low carbon knitwear, like christmas jumpers. producing low carbon knitwear, like christmasjumpers. but energy producing low carbon knitwear, like christmas jumpers. but energy prices are expected to triple this year and expansion plans have gone into reverse. to expansion plans hav

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