Soaring energy prices could lead motor dealers to switch off the showroom lights

A leading motoring magazine claims car retailers could be compelled to turn out the showroom lights as energy price rises start to impact margins.

With the cost of gas quadrupling this year, AM Online reports that many businesses whose energy contracts expire this winter could now face an increase in energy costs of up to 125% as values continue at peak levels throughout the winter months.

After Treasury sources recently responded to a Sky News interview with Business Secretary Kwasi Kwarteng to suggest that there was no planned support for businesses, many are being left to reflect on the long-term impacts of the new-look energy market.

Read the full story on AM Online –