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Businesses to be hit by closure of watchdog

THE Federation of Small Businesses (FSB) has welcomed a report by MPs into the consequences of rising energy bills.

The Business and Enterprise Select Committee has called for action on rising gas and electricity invoices.

The FSB says it is concerned the situation could get worse with the closure of consumer watchdog Energywatch. The organisation, which receives 30,000 calls from small businesses every year, is being disbanded in October.

The FSB’s Liverpool branch chairman Chris Burgess said: “The FSB welcomes the recommendations of the select committee on rising energy prices and the recognition these costs have an extremely adverse effect on business.

“Small business owners are similar to small domestic consumers in terms of energy consumption patterns and expertise but often fall foul of complex bill formats, infrequent meter readings, incorrect billing and lack of information on switching suppliers.

“It is alarming that with increased prices there will be nowhere for small businesses to turn.”