Energy crisis: 'Everything has gone up' - Surge in prices puts companies at risk of laying off staff, warns 200-year-old brickmaking firm

Prime Minister Boris Johnson will reportedly back plans to loan millions to help industries hit by the rise in global gas prices."It's just kicking the can down the road. Does industry need more debt at this moment in time? We don't believe so. We need help with capping prices."Gas-powered kilns, heated to more than 1,000 degrees, are affected by the surge in energy prices

Workers only need look at the enormous gas-powered kilns, heated to over 1,000 degrees to fire the bricks, to see how the surge in energy prices is putting the factory - and their jobs - in jeopardy.

"It's hitting absolutely everything. It's not only our industry - my wife works in a school kitchen and you can see their costs, everybody's costs, have gone up.Increasing gas prices could see people at the firm possibly laid off For now, to try to save jobs, the company has decided to raise its prices. From January, bricks will be sold for 10% more.He said:"As with everything else that's going up, the customer will ultimately pay."

Nigeria Nigeria Latest News, Nigeria Nigeria Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Glass company predicts energy costs could rise to £100mEncirc has seen ‘huge increases’ to its gas and electric costs as a result of the energy price rise.
Source: The Independent - 🏆 80. / 59 Read more »

'Made things up!' Treasury slaps down Business Secretary in energy bailout spatTHE BUSINESS Secretary Kwasi Kwarteng has been slapped down by the Treasury after he made a series of appearances on Sunday morning's politics programmes. For all those who are new to this working from home Bitcoin trading options Here's a little tip: Get a trusted Bitcoin expert and stick to her earn_with_Jens1 Invest and play at similar times each day. Because : In times of chaos, your investment is your anchor to success Did this come from Rishi or some Civil Servant punching above his weight. These people are all just making stuff up all over the place. Now they are all desperate to seem relevant and stay in the social media 'trend' they are forgetting to coordinate their bull-shite with each other. Nobody even bothers with a single message anymore.
Source: Daily Express - 🏆 26. / 68 Read more »