Kerrin MacPhie, chief executive of the Meetings Industry Association, said: “With businesses being charged 20% VAT and no cap on energy prices, this will have a dramatic impact on our industry and needs to be addressed immediately.”
MacPhie also highlighted the 5% VAT paid on energy by those that now work at home.
Kate Nicholls, UKHospitality chief executive, said the organisation was striving to save the hospitality industry, “which is experiencing crushing cost rises”.
She said: “The new government must act quickly and decisively to address the soaring energy bills that are facing consumers and businesses.
