Hospitality sector in particular is finding it hard to renew contracts, with some asked for £10,000 deposit
Major energy firms are refusing to supply small businesses out of concern that they could go bust, while some are demanding £10,000 up front, business owners and industry experts have told the Guardian.
In the latest sign of the deepening energy crisis, business owners said they were struggling to find a supplier in the run-up to the busy October period for renewing gas and electricity contracts, leaving them facing “extortionate” bills or demands for a deposit.
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