Government announces extended support to keep factories running amid soaring energy costs

Posted on 12 Apr 2022 by James Devonshire

The government has announced additional support for energy-intensive businesses, designed to keep factories running amid soaring energy costs.

As part of the Energy Security Strategy, the Energy Intensive Industries Compensation Scheme will be extended by three years, while the level of support it provides will also increase. According to the Department for Business, Energy and Industrial Strategy (BEIS), the scheme will now run until at least the end of March 2025 and its…

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