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Future of British Business

Chef Tom Kerridge’s Restaurant Faces 600% Electricity Bill Increase

British restaurant owner Tom Kerridge said one of his businesses faces a “ludicrous” 600% increase on its energy bills.

The Michelin-starred chef said he was quoted £420,000 to supply energy for a year at one of his smaller locations, up from £60,000. He warned the surging prices will cause other venues to “shut it all down and reopen in spring.”