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3 Nov 2022

The ACT is delighted to announce a new partnership with Tyl by NatWest - receive a £120 bonus* when you sign up.

3 Nov 2022

New research has suggested as many as one in three drivers believe cyclists shouldn’t be allowed on public highways and should be confined to cycle paths.

1 Nov 2022

AA President Edmund King has told the Daily Telegraph that more cycle routes would be good for drivers, as encouraging motorists to take fewer journeys by car could cut household fuel...

31 Oct 2022

Sustrans has announced that it has joined together with other organisations representing active travel, motoring, road safety, the environment and business leaders to urge the UK government to...

26 Oct 2022

As the economic clouds darken, business leaders have tentatively welcomed the arrival of Rishi Sunak as the country’s new prime minister.

25 Oct 2022

Glasgow, Scotland - Bike for Good is proud to bring the internationally recognised training and accreditation scheme for bicycle technicians to Scotland for the first time. The first Cytech...

25 Oct 2022

Together with our partners at V12 Retail Finance, we are highlighting the FCA Consumer Duty and the four key outcomes that the FCA will be looking for authorised businesses to adhere to.

24 Oct 2022

New research has indicated that UK shoppers could spend £4.4bn less on essentials ahead of Christmas – a 22% drop as the rising cost of living impacts on disposable income.

20 Oct 2022

VOLT today announces the launch of a collaboration with Deliveroo, the food delivery company, to trial subsidised e-bikes for a group of riders across the UK.

20 Oct 2022

Cycling charity Cycling UK has renewed its call on the Government to close the loophole in the law which allows people to escape driving bans.

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£14 for a latte could become a reality, warn coffee shop owners

Posted on in Business News , Cycles News

The owners of a coffee shop in Kent have wanted that they may need to increase the price of coffees to £14 each to meet their rising energy costs.

Chris and Anna Vidler, who own an independent restaurant called The Lane in Deal, Kent, expect their gas and electric bills to increase to more than five times than they are currently paying. And to keep up with rising energy prices, they have calculated that their £2.90 latte would have to rise to £14.30 a cup.

As reported in the Daily Mirror, Chris said: "We are already down, despite a reasonably busy summer. We're noticing empty seats because people are staying home when they don't have as much money to spend."

When shop’s electricity contract runs out at the end of this year, new quotes take the price from £15,000 per year to around £69,000. At the end of February their gas contract will also need to be renewed - with the new quote set to take them from around £400 per month to around £2,400.

Chris added that while the Prime Minister has introduced a cap on energy bills for households, as a business owner he is left confused about what to do.

The Prime Minister last week announced an unprecedented intervention in the energy market to cap household bills at £2,500, promising an “equivalent guarantee” for businesses for the next six months. But little detail was given by the government on how it intended to cap costs for the business sector, where pricing is more complex. It is thought that this further detail could be delayed by a period of national mourning following the death of the Queen.

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