That said, the newly appointed Prime Minister, Liz Truss, has recently announced the automatic energy price guarantee that is being introduced into households from 1 October 2022. In addition to the announcement that consumers will welcome, the government has announced further plans to provide longer-term financial support to businesses which are particularly vulnerable to the soaring energy bills, such as those operating in the hospitality sector.
Unlike households, pubs have not been able to benefit from the energy price cap, and therefore, the government's initial six-month scheme is set to provide equivalent support that is being provided to consumers and deliver more transparency in relation to energy costs.
Are rail strikes affecting hospitality and leisure?
Not only is the sector currently facing the harsh reality of increased energy bills, but it is also heavily affected by the ongoing rail strikes.
Whether a seaside destination, city hotspot or country pub, the rising fuel prices and ongoing rail strikes are making it increasingly difficult for consumers to travel to eateries and public houses around the country, and when they do, they have less money in their pockets.