After the petrol one, there is a crisis with the chicken on the Island

Meat prices are also expected to rise by at least 10%, along with labor shortages

Two other British energy companies have ceased operations amid rising energy prices. And the food industry warned that the prices of chicken are expected to rise, BNR reports.

Pure Planet, backed by oil giant British Petroleum, and Colorado Energy have joined about ten smaller companies that went bankrupt recently.

Pure Planet said it had fallen into the grip of rising natural gas prices and a government-imposed ceiling on prices at which electricity and gas could be sold to consumers. The customers of the two companies will now be transferred to new suppliers designated by the media regulator Ofgem.

Pure Planet supplied electricity and gas to about 235,000 households, and Colorado Energy had 15,000 customers.

At the same time, the owner of the largest conglomerate-supplier of poultry meat in the UK warned that the price of chicken is expected to jump by more than 10% because the food on the island is very cheap.

Ranjit Singh Boparan said prices need to be revised because they do not calculate production costs properly. Chicken is the most consumed meat on the island.

Boparan, whose companies in Britain and Europe handle more than 10 million birds a week, said the UK was entering a new era in which a combination of labor shortages and rising product prices meant less choice and higher prices for customers.

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