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Small businesses consider energy bills the area where they most want help from the Budget, according to new polling of 500 SME leaders conducted by Opinium Research for CPSThinkTank. Robert Colvile reported that business rates and employment costs followed energy bills as key concerns for small businesses.
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Colvile has previously linked energy market developments to business costs, noting that tensions related to the Iran crisis could raise U.S. diesel prices due to supply disruptions. He has also argued that taxes on banks can penalize investment and growth. Recent polling highlights the ongoing concern among small businesses regarding rising expenses.