What Rising Energy Costs Mean For Small Business Leaders

Now it is a difficult time for small businesses, with many facing steep increases in energy bills: the cost of doing business is on the rise.

“Coupled with rising operational costs, there are additional challenges such as increased competition and a tough economy. It can be hard to stay ahead of the game,” said Yelena Kalyuzhnova, chair of the British Institute of Energy Economics Council, in an interview. Kalyuzhnova, also a professor at Henley Business School, believes, “It’s clear that without energy cost reduction, small businesses will not be able to survive.”

Empty fruit and vegetable shelves at an Asda in east London. A shortage of tomatoes affecting UK … [+] supermarkets is widening to other fruit and vegetables and is likely to last weeks, retailers have warned. A combination of bad weather and transport problems in Africa and Europe has seen UK supermarket shelves left bare of…

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