NHBF responds to new Prime Minister's energy price cap
The National Hair & Beauty Federation (NHBF) has responded to the announcement of the energy price cap, saying that it is "lacking in detail".
Earlier this month, the NHBF called on Prime Minister Liz Truss to provide a series of actions to support beauty businesses over the next six months.
The NHBF sent a letter requesting the following:
- Introduce a small business energy price cap with grant support.
- Reintroduce 100% business rates relief.
- Offer targeted apprenticeship incentives for small and micro employers.
- Restraint on increases to the National Minimum Wage and National Living Wage.
- A fairer tax system and a crackdown on tax-evading businesses.
Since the letter was sent, the Prime Minister has announced an Energy Price Guarantee for families and businesses.
However, the NHBF has now responded saying that it is "important that the Government clarifies what happens next, so that businesses can plan for the next six months and beyond".
Richard Lambert, CEO of the NHBF, said: "The sector is in the midst of the cost of doing business crisis, with energy bills rising at an exponential rate, supply price inflation at levels not seen for a generation, increases to staff costs and a skills crisis that is putting the future health of the sector at risk."
“We’re pleased that the government has responded to our call for emergency energy support for hair and beauty businesses over the next six months. Businesses now urgently need clarity on the details of the scheme in order to help them to plan for the coming months."