Industry bosses have warned that toilet paper and food packaging could be impacted by soaring energy costs. To protect their finances, firms might have to restrict the production of paper-based products.
The chief of the Confederation of Paper Industries called for a 'temporary winter cost-containment measure' to help production with sector costs going 'through the roof'.
Similarly, the UK’s ceramics sector said high energy costs could force businesses to shut down production. READ MORE:Gas and electric bills 'could go up by 30 per cent next year' It comes after wholesale gas prices surged to a record high on Wednesday, although they dropped back after Russian President Vladimir Putin said the country would stabilise the market.
Read more on manchestereveningnews.co.uk
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