Shops may have no choice but to up prices when energy bills rise in April, the retail industry body says.
Shoppers could be hit with even higher prices when the energy bill support scheme for businesses ends in April, the retail industry body has warned.
A £400 discount for all household energy bills also looks set to end by April and charities have called for the government to do more to protect the most vulnerable. Ms Dickson said retailers would continue to work hard to support their customers and keep prices low. The Federation of Small Businesses , UK Hospitality, the CBI and the British Chambers of Commerce are all expected to attend a meeting with the chancellor on Wednesday.Rising food and energy prices along with the arrival of Christmas spending bills mean shoppers will have less to spend on non-essential items in January, according to Mike Watkins, head of retailer and business insight at NielsenIQ.
He said his fixed term energy contract for one of the bars comes to an end in March at the same time as the energy bills support scheme.
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